Agency
A listing broker whose salesperson shows a property to a buyer who is not represented creates what type of relationship between the salesperson and the buyer?
ABuyer agency by default
BThe salesperson becomes a subagent of the seller✓ Correct
CDual agency automatically
DTransaction broker by default
Explanation
When a listing broker's salesperson shows the property to an unrepresented buyer, the salesperson is acting as a subagent of the seller unless another relationship is disclosed and agreed upon.
People Also Study
Related Delaware Questions
- Dual agency in Delaware is:Agency
- When a Delaware salesperson procures a buyer for a property listed by their own broker, what type of agency relationship exists?Agency
- In Delaware, which of the following is a fiduciary duty owed by a buyer's agent to their buyer-client?Agency
- Delaware's Seller Agent Disclosure requires that the listing agent provide the seller with written disclosure of agency:Agency
- Which of the following is a legal obligation of a Delaware licensee acting as a transaction broker (facilitator)?Agency
Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
Study This Topic
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →