Agency
An agent who represents a buyer and collects a fee from both the buyer and the seller must:
ADisclose and obtain consent from both parties✓ Correct
BRefund one of the fees
CPay the extra fee to AREC
DNotify the MLS
Explanation
An agent receiving compensation from both the buyer and seller must fully disclose this dual compensation to both parties and obtain their written consent. Failure to disclose is a breach of fiduciary duty.
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