Agency
A Maine salesperson working under a broker who has a designated agency policy may be designated to represent only the buyer in a transaction where another agent in the same office represents the seller. This arrangement:
ACreates a dual agency situation for the designated salesperson
BAllows each designated salesperson to act as a single agent for their respective client✓ Correct
CRequires both agents to share all client information
DIs prohibited under Maine license law
Explanation
In designated agency, each designated salesperson acts as a single agent (not a dual agent) for their respective client. The broker supervises both but the designated salesperson's loyalty is to their individual client.
Related Maine Agency Questions
- In Maine, which of the following activities by a real estate agent would NOT constitute an independent contractor relationship (and might imply employment)?
- A Maine buyer's agent accompanies their client to view a home listed by a competing broker. The buyer's agent owes fiduciary duties to:
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- When a Maine real estate agent represents both the buyer and seller in the same transaction as a dual agent, the agent must:
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