Agency
A real estate licensee who represents the buyer exclusively is called a:
AListing agent
BBuyer's agent✓ Correct
CTransaction broker
DSubagent
Explanation
A buyer's agent represents only the buyer and owes fiduciary duties exclusively to the buyer throughout the transaction.
Related Kentucky Agency Questions
- In Kentucky, a seller's listing agent who helps the buyer complete forms at the request of the buyer is providing:
- Under Kentucky law, a material fact that a seller's agent must disclose to buyers includes:
- A Kentucky listing agent who receives a lowball offer from a buyer must:
- A Kentucky buyer's agent who shows a property should do all of the following EXCEPT:
- In Kentucky, a seller's agent who knows the buyer is relocating and must close within 30 days should:
- A Kentucky buyer's agent who also owns a property the buyer wants to purchase must:
- A Kentucky buyer signs a non-exclusive buyer agency agreement. Under this agreement, the buyer:
- In Kentucky, when a listing agent shows a property to an unrepresented buyer, the agent owes the buyer:
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