Agency
A Connecticut buyer's agent who also earns a referral fee from a mortgage company for referring the buyer must:
AKeep this confidential to avoid complications
BDisclose this financial interest to the buyer to avoid a conflict of interest✓ Correct
COnly disclose if the buyer asks about it
DGet Commission approval before accepting the fee
Explanation
Any undisclosed financial interest or referral fee arrangement creates a conflict of interest. Connecticut agents must disclose to their clients any compensation they receive from third parties in connection with the transaction.
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