Agency
In Montana, when a buyer wishes to make an offer on a property listed by the buyer's own agent's brokerage, the most common solutions to the potential conflict are:
AThe buyer must use a different brokerage entirely
BDesignated agency (assigning different agents within the firm) or disclosed dual agency with written consent of both parties✓ Correct
CThe buyer must represent themselves
DThe listing agent must withdraw from representing the seller
Explanation
When both buyer and seller are clients of the same Montana brokerage, the firm may employ designated agency (different agents in the firm represent each party independently) or disclosed dual agency (both parties consent in writing to the same firm representing both).
Related Montana Agency Questions
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- The Montana Broker Disclosure Form must be provided at first substantive contact. 'First substantive contact' in Montana typically means:
- A real estate agent who purchases a listed property for themselves without disclosing their licensee status to the seller has violated their duty of:
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