Agency
In Georgia, who is considered the principal in a listing agreement?
AA. The real estate broker
BB. The seller✓ Correct
CC. The buyer
DD. The supervising broker
Explanation
In a listing agreement, the seller is the principal who engages the broker (agent) to sell their property. The broker represents the seller's interests in finding a buyer and negotiating a sale.
Related Georgia Agency Questions
- A Georgia buyer's agent who receives a home inspection report showing significant defects must:
- In Georgia, a broker may represent a buyer without a written buyer representation agreement, but the relationship should be disclosed:
- A Georgia agent who represents a buyer in a transaction where the agent's own firm listed the property is engaged in:
- In Georgia, 'subagency' has been largely eliminated by BRRETA. What replaced it?
- A designated agency arrangement in Georgia means:
- An agent who tells a potential buyer 'This property will double in value within 2 years' is making:
- Which of the following best describes 'designated agency' under Georgia law?
- Apparent authority of an agent arises from:
Practice More Georgia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Georgia Quiz →