Agency
An Alaska salesperson shows a buyer a property that the salesperson's brokerage has listed. Without a designated agency arrangement, this creates:
AAn illegal conflict of interest
BAn in-house or dual agency situation requiring disclosure and consent✓ Correct
CAn automatic subagency for the buyer
DA transaction that must be referred to another brokerage
Explanation
When a salesperson shows their own brokerage's listing to a buyer, the brokerage represents both seller (as listing broker) and buyer (if the salesperson is also helping the buyer). This creates dual agency, which requires full disclosure and informed written consent from both parties.
Related Alaska Agency Questions
- A seller's listing agreement is a contract between the:
- In Alaska, an agent who consistently steers one type of client toward lower-priced properties while showing higher-priced properties to another type of client is engaging in:
- Which of the following actions would terminate an agency relationship in Alaska by operation of law?
- An Alaska seller's agent receives an offer well below the listing price. The agent should:
- An Alaska real estate agent who acts beyond the scope of their authorized duties without the principal's consent may create liability for:
- When a buyer's agent receives a counteroffer from the seller, the agent's duty is to:
- In Alaska, a designated agency arrangement means:
- An agency relationship is most commonly created by:
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