Agency
An agent who gives a buyer advice about negotiating a lower price for a seller's property (without representing the buyer) is potentially creating:
AA subagency relationship
BAn implied buyer agency relationship✓ Correct
CA dual agency relationship
DA transaction brokerage arrangement
Explanation
When a licensee gives advice or counsel to a buyer that goes beyond providing factual information about the property, it may create an implied agency relationship with the buyer, even without a written agreement.
Related Arkansas Agency Questions
- A listing agent has a personal financial interest in a title company and routinely recommends it to sellers without disclosure. This creates:
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