Agency
When a Colorado buyer's agent and listing agent work for the same employing broker but on opposite sides of a transaction, this creates potential for what situation?
ANo conflict since they work for the same firm
BAn in-house (or in-firm) transaction requiring the employing broker to address potential conflicts through designated brokerage✓ Correct
CAutomatic dual agency requiring both parties' consent
DA violation requiring withdrawal from the transaction
Explanation
When two agents from the same brokerage represent both sides of a transaction, it creates an in-firm situation. Colorado addresses this through designated brokerage, where different agents are specifically designated to represent each party to avoid conflict.
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