Agency
In Alaska, a seller's agent who shows the property to an unrepresented buyer is interacting with that buyer as a(n):
AAgent of the buyer
BCustomer — the buyer is not the agent's client and receives limited duties✓ Correct
CDual agent by default
DSubagent of the buyer
Explanation
An unrepresented buyer who works with the seller's agent is a customer, not a client. The seller's agent owes the buyer limited duties (honesty, disclosure of known material facts, and fair dealing) but does not owe fiduciary duties.
Related Alaska Agency Questions
- Subagency occurs when:
- In Alaska, which statement about subagency is TRUE?
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- In Alaska, the type of listing that gives the seller the most control over who earns the commission when the seller also finds a buyer is:
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- When a buyer's agent receives a counteroffer from the seller, the agent's duty is to:
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