Idaho License Law
A buyer signs a buyer representation agreement with an Idaho licensee. This agreement primarily establishes:
AThe purchase price of any property the buyer will offer
BThe agency relationship, the agent's duties, and the compensation arrangement between the buyer and the agent✓ Correct
CThe specific properties the buyer will purchase
DThe buyer's pre-approval for financing
Explanation
A buyer representation agreement (or buyer agency agreement) formally establishes the agency relationship between the buyer client and the agent, outlining duties, compensation, and the scope of representation.
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