Agency
Under Georgia's BRRETA, a licensee who has not entered into a brokerage engagement with any party is acting as:
AA buyer's agent
BA seller's agent
CA dual agent
DA facilitator (non-agent)✓ Correct
Explanation
Under BRRETA, a licensee who has not entered into a brokerage engagement is a 'facilitator' — they have no agency obligations to either party, though they still owe honesty and disclosure of material defects.
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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.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
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.
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