Agency
A Kentucky buyer hires an exclusive buyer's agent. This means the agent:
ACan only show the buyer homes listed by their own brokerage
BRepresents only buyers and never lists property for sale✓ Correct
CCan only work with one buyer at a time
DIs forbidden from showing REO (bank-owned) properties
Explanation
An exclusive buyer's agent works only with buyers and never represents sellers or takes listings. This eliminates any potential for dual agency conflicts.
Related Kentucky Agency Questions
- In Kentucky, a 'disclosed limited agent' represents:
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- In Kentucky, which type of agency relationship is created when a real estate licensee represents only the buyer?
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