Agency
In Montana, a listing agent who receives an offer from an unrepresented buyer and the seller accepts, the listing agent may provide ministerial acts to the unrepresented buyer such as:
AConfidential advice on how to structure a better offer
BCalculating mortgage payments or helping them understand the process, without advocating for their interests✓ Correct
CFully negotiating the contract on the buyer's behalf
DSharing the seller's bottom-line price with the buyer
Explanation
Ministerial acts (filling in forms, calculating payments, explaining the process) may be provided to unrepresented parties without creating an agency relationship. The listing agent must clarify they represent the seller and cannot advocate for the buyer.
Related Montana Agency Questions
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- In Montana, what happens to the listing agreement if the listing broker dies during the listing period?
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