Agency
In Idaho, what is a 'listing agent's' responsibility regarding offers from unrepresented buyers (FSBO sellers' equivalent in the buyer context)?
AThe listing agent represents the unrepresented buyer
BThe listing agent represents only the seller and must clarify to unrepresented buyers that they are not representing them✓ Correct
CThe listing agent becomes a dual agent automatically
DThe listing agent must find representation for the buyer
Explanation
When a listing agent works with an unrepresented buyer, the agent must clarify that they represent the seller, not the buyer. The listing agent owes the buyer honest dealing and disclosure of adverse material facts, but not fiduciary duties.
Related Idaho Agency Questions
- In Idaho, an agent representing a buyer must disclose to the seller which of the following?
- In Idaho, what is a 'transaction coordinator' and what are they NOT allowed to do?
- What is the 'dual agency disclosure form' required in Idaho disclosed limited agency transactions?
- In Idaho, a 'buyer's agent' who works in-house for a company that also lists the property may act as a:
- The fiduciary duty of 'accounting' requires an agent to:
- Under Idaho law, what fiduciary duty does an Idaho agent owe to their principal regarding accounting?
- What is an 'agency coupled with an interest' in Idaho real estate?
- In an Idaho in-house transaction where two clients of the same company are the buyer and seller, what agency options exist?
Practice More Idaho Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Idaho Quiz →