Agency (alternative)
In Maryland, a buyer who purchases a home for investment (not primary residence) and is represented by a buyer's agent — the agent's duty of loyalty still requires the agent to:
AConsider the seller's needs equally
BPrioritize the investment buyer's interests, including advice on investment return and negotiation strategy✓ Correct
CDisclose the buyer's investment intent to the seller
DReduce their commission for investment transactions
Explanation
A buyer's agent owes full loyalty to the buyer regardless of whether the purchase is for investment or primary residence. The agent should help the buyer achieve their investment goals.
Related Maryland Agency (alternative) Questions
- A Maryland buyer's agent whose license expires mid-transaction may:
- The Maryland agency disclosure law is primarily intended to ensure that consumers:
- In Maryland, the term 'procuring cause' determines which agent is entitled to a commission when:
- In Maryland, an agent who acts as a buyer's agent without a signed buyer-broker agreement:
- A Maryland buyer's agent who misrepresents to a seller that their buyer has financing in place when they have not yet applied for a mortgage has:
- Under Maryland law, a seller's agent who receives information suggesting the buyer has inspection concerns about the roof should:
- A Maryland listing agent who knows the septic system is at or near capacity should:
- A Maryland buyer is working with a buyer's agent but also contacts the listing agent directly. The listing agent should:
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