AgencyIntermediateCalifornia Exam

An agent representing only buyers is known as a:

ADual agent, per standard fiduciary practice in the industry
BTransactional agent, under standard California agency practice
CBuyer's agent (buyer's representative)Correct
DSub-agent, as commonly applied in brokerage relationships

Why Buyer's agent (buyer's representative) Is Correct

Answer C: Buyer's agent (buyer's representative)

A buyer's agent (buyer's representative) represents only the buyer in a transaction. Their fiduciary duties run exclusively to the buyer, and they must negotiate in the buyer's best interest.

Exam Tip: Agency

Agency questions are among the most tested on the exam. Focus on the difference between client and customer, and memorize the fiduciary duties (OLD CAR). Watch for questions that try to blur the line between a general agent and a special agent.

Key Agency Terms in This Question

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