Agency
In Michigan, a real estate broker who also represents themselves as both buyer and seller in a transaction must:
AOnly disclose they are a licensed broker
BObtain informed written consent from all parties and disclose all relevant information✓ Correct
CAvoid the transaction to prevent any conflict
DReport the transaction to LARA in advance
Explanation
When a broker has a personal interest in a transaction, they must make full disclosure of their interest and obtain written informed consent from all parties to avoid any violation of fiduciary duty or Michigan license law.
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