Agency
The duty of loyalty in a seller's agency requires the agent to:
APut the seller's interest above the buyer's but not above the law✓ Correct
BCharge the lowest commission possible
CRequire buyers to use the agent's preferred lender
DReport all buyer information to the MLS
Explanation
Loyalty requires placing the client's interests above all others (except the law). The agent may not sacrifice the seller's interests for personal gain, but must also comply with all laws including fair housing.
Related Georgia Agency Questions
- Under Georgia's BRRETA, a broker who represents the seller also becomes the buyer's agent when:
- A seller's agent in Georgia owes which duty to an unrepresented buyer?
- In Georgia, a real estate broker who is the principal (property owner) in a transaction is acting in what capacity?
- A Georgia buyer's agent who discovers the buyer is planning to use the property for illegal purposes should:
- Sub-agency occurs when:
- Under BRRETA, the duty of 'obedience' requires a Georgia agent to:
- The 'procuring cause' doctrine is relevant to commission disputes because it determines:
- A Georgia agent who discovers mid-transaction that a seller's material representation was false must:
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