Agency
The difference between a 'customer' and a 'client' in a Georgia real estate transaction is:
AA. Customers pay higher commissions than clients
BB. A client has a fiduciary relationship with the agent; a customer receives only ministerial and non-advocacy services✓ Correct
CC. Clients are buyers; customers are sellers
DD. There is no legal distinction between clients and customers
Explanation
A client is a principal who has executed a brokerage engagement — the agent owes them fiduciary duties. A customer is someone who interacts with an agent without a representation agreement — the agent owes them honesty and disclosure of material facts but not advocacy.
Related Georgia Agency Questions
- The BRRETA provision that limits the ability to create agency by implication is known as:
- Under Georgia BRRETA, which duty does a seller's agent NOT owe to the buyer?
- Apparent authority in agency law exists when:
- Which of the following is NOT a way an agency relationship in Georgia can be terminated?
- An agent's duty of confidentiality in Georgia survives:
- Under Georgia's BRRETA, a broker who represents the seller also becomes the buyer's agent when:
- A buyer's agent in Georgia has a duty to disclose to the buyer:
- An agent who represents neither the buyer nor the seller but facilitates the transaction is called a:
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