Agency
In Mississippi, an agent who represents a buyer but collects compensation from the seller's broker through MLS co-op compensation is:
AAutomatically representing the seller due to receiving the compensation from the listing side
BStill properly representing the buyer — compensation source does not determine agency✓ Correct
CIn violation of RESPA
DRequired to disclose the compensation to MREC
Explanation
The source of compensation does not determine agency relationship. A buyer's agent can receive their compensation from the listing broker (via co-op) while still properly and fully representing the buyer. What matters is the written agency agreement, not who writes the check.
Related Mississippi Agency Questions
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