Agency
In Louisiana, when a licensee enters into a buyer representation agreement, they must:
AAutomatically become a dual agent
BWork exclusively for the buyer's interests and disclose all material facts that could affect the buyer's decision✓ Correct
CShare all information with the seller's agent
DCharge the buyer a flat fee regardless of the property price
Explanation
Under a buyer representation agreement in Louisiana, the licensee works as the buyer's agent, owes fiduciary duties to the buyer, and must disclose all material facts and work exclusively in the buyer's best interests.
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