Agency
Under Georgia BRRETA, a broker who represents the seller in a transaction owes the seller the duty of:
ADisclosure of all offers regardless of seller instructions
BLoyalty, confidentiality, and promotion of the seller's best interests✓ Correct
CAdvising the seller to accept the highest offer
DRecommending that the seller reduce the listing price
Explanation
A seller's agent owes fiduciary duties to the seller, including loyalty (putting the seller's interests first), confidentiality (protecting seller's information), and promotion of the seller's best interests.
Related Georgia Agency Questions
- In Georgia, 'subagency' has been largely eliminated by BRRETA. What replaced it?
- Under Georgia BRRETA, a broker's agency disclosure notice must be in:
- Under Georgia BRRETA, when a broker changes the type of agency relationship being offered to a client during a transaction, the broker must:
- An agent who shares their seller's confidential information with a buyer's agent over lunch is:
- A seller's agent in Georgia owes which duty to an unrepresented buyer?
- A Georgia real estate agent's authority is typically limited to the authority granted in the:
- A Georgia buyer's agent who discovers the buyer is planning to use the property for illegal purposes should:
- Georgia's BRRETA does NOT apply to:
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