Agency
In Montana, designated agency allows:
ATwo agents from different brokerages to represent both sides
BA broker to designate separate agents within the same firm to represent buyer and seller respectively✓ Correct
CAn agent to represent multiple buyers competing for the same property
DA salesperson to act as their own broker
Explanation
Designated agency in Montana allows a broker to assign separate agents within the same brokerage to represent the buyer and the seller, reducing the conflicts inherent in dual agency.
Related Montana Agency Questions
- A Montana buyer's agent who discovers during a showing that the property has a cracked foundation should:
- In Montana, a real estate agent acting as an 'exclusive buyer's agent' (EBA) should:
- A Montana listing agent is required to use 'reasonable care and diligence' in performing their duties. This means they must:
- Agency by ratification occurs when:
- In Montana, the term 'fiduciary' in real estate agency means the licensee must act:
- An agent's duty of reasonable care and diligence in a real estate transaction includes:
- An agent's fiduciary duty of loyalty requires the agent to:
- The duty of accounting in a real estate agency relationship requires the agent to:
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