Agency
When a listing broker and a buyer's broker are from the same brokerage firm but represent different parties, this is called:
ADual agency
BDesignated agency✓ Correct
CSingle agency
DSubagency
Explanation
Designated agency occurs when a managing broker designates one broker within the firm to represent the seller and a different broker to represent the buyer, allowing each party to have exclusive representation even though both licensees are from the same brokerage.
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