Agency
In Iowa, which of the following BEST describes a buyer's agent?
AAn agent who only shows buyers properties listed by their brokerage
BAn agent who represents the seller and assists the buyer as a courtesy
CAn agent who owes fiduciary duties exclusively to the buyer✓ Correct
DAn agent who represents both buyer and seller for a reduced commission
Explanation
A buyer's agent in Iowa owes fiduciary duties exclusively to the buyer. These duties include loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting.
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