Agency
Which action by an agent would constitute a breach of the duty of loyalty?
APresenting all offers to the seller
BPurchasing a listing for personal gain without disclosing the agent's interest✓ Correct
CProviding a comparative market analysis
DAdvising the seller on an appropriate listing price
Explanation
An agent purchasing a client's property without full disclosure of the agent's interest is a clear breach of the duty of loyalty. The agent must place the client's interests above their own.
Related Arkansas Agency Questions
- In Arkansas, a buyer's agent owes which of the following duties to the buyer-client?
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- Which type of listing agreement is generally considered most advantageous to the listing broker?
- In Arkansas, the agency disclosure form must be:
- Which type of listing gives the broker the right to a commission regardless of who sells the property, even if the owner sells it themselves?
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