Agency
Iowa's buyer's agency agreement typically includes which type of compensation arrangement?
AOnly a flat fee paid by the listing broker
BCompensation terms that may be met by seller concession, listing broker's offer, or direct buyer payment✓ Correct
CAlways a 3% commission paid by the buyer
DNo compensation for buyer's agents is permitted in Iowa
Explanation
Iowa buyer representation agreements define how the buyer's agent will be compensated. Compensation may come from the seller (through a cooperating commission offer), a seller concession, or directly from the buyer, depending on the agreement terms and market practice.
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