Agency
Nebraska's single agency rule means that in a transaction, each party is best served by having:
AOne agent representing all parties to reduce confusion
BTheir own dedicated agent who owes them undivided loyalty✓ Correct
CA transaction broker who represents no one
DThe listing agent handle all aspects of the transaction
Explanation
Single agency means each party has their own dedicated representative who owes undivided fiduciary duties to that party — the clearest form of agency and typically considered the best model for consumer protection.
Related Nebraska Agency Questions
- Under Nebraska agency law, a seller's agent must disclose to a prospective buyer:
- A Nebraska listing agent's 'for sale' sign on a property is a form of:
- Apparent authority in an agency relationship arises when:
- Ratification of an unauthorized act in agency occurs when:
- In Nebraska, a transaction broker provides:
- A real estate agent who represents the seller has a duty to disclose to ALL parties:
- When a property is listed in the MLS, the listing broker is offering compensation to:
- The duty of confidentiality in an agency relationship requires the agent to:
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