Agency
The Massachusetts mandatory agency disclosure form informs consumers about all of the following EXCEPT:
AThe duties owed by a seller's agent
BThe duties owed by a buyer's agent
CThe commission rate the agent charges✓ Correct
DWhat a facilitator is
Explanation
The Massachusetts Mandatory Licensee-Consumer Relationship Disclosure explains the different agency relationships (seller's agent, buyer's agent, dual agent, facilitator) and their respective duties. It does not specify commission rates.
Related Massachusetts Agency Questions
- A Massachusetts real estate agent is the buyer's agent. During negotiations, the listing agent contacts the buyer directly, bypassing the buyer's agent. The buyer's agent should:
- A Massachusetts listing expires but the seller continues to allow the broker to market the property. This creates a:
- Under Massachusetts law, can a buyer's agent also represent another buyer interested in the same property?
- In Massachusetts, the seller's disclosure obligation for material facts applies to:
- A Massachusetts listing broker advertises 'Call me—I'll save you money!' targeting buyers for their own listed properties. This advertising implies the broker may:
- When a Massachusetts broker represents the seller under an exclusive right to sell listing, the broker earns a commission if:
- A Massachusetts buyer's agent who learns their buyer is under financial pressure to close quickly should:
- A Massachusetts real estate agent who is the listing agent for a property subsequently learns they are related to the buyer of that property must:
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