Agency
A licensee who assists a buyer in a transaction but does not represent them is most accurately described as a:
ABuyer's agent
BDual agent
CSubagent of the seller✓ Correct
DTransactional broker
Explanation
Historically, a licensee working with a buyer but not representing them was considered a subagent of the seller. In Arkansas, agency must be disclosed in writing so all parties understand the representation arrangement.
Related Arkansas Agency Questions
- The duty of OBEDIENCE requires an agent to:
- Which type of agency relationship is created when a buyer signs a buyer representation agreement with a broker?
- The duty of 'accounting' in agency requires a licensee to:
- Under Arkansas law, when must agency disclosure be provided to a prospective buyer or seller?
- An agent's duty of CARE requires the agent to:
- In Arkansas, which written document typically establishes the seller's agency relationship with a listing broker?
- When a buyer tells an agent they will pay up to $300,000 but want to start at $270,000, the agent should:
- When does an agency relationship typically terminate in a real estate transaction?
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →