Agency (alternative)
Under Maryland law, an agent who represents the buyer in a transaction involving the agent's own listed property is automatically in:
AA non-agency situation
BA dual agency relationship requiring disclosure and consent✓ Correct
CAn exclusive buyer representation
DA cooperative brokerage arrangement
Explanation
When a listing agent also represents the buyer in a transaction involving their own listing, they are in a dual agency situation, which requires written disclosure to and consent from both the seller and buyer.
Related Maryland Agency (alternative) Questions
- A Maryland sub-agent of the seller discovers during a showing that the buyer is planning to demolish the home and build a larger one. The sub-agent should:
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