Agency
When a Nebraska buyer's agent writes an offer for a buyer on a property listed by the same brokerage, this typically creates:
ANo special concern — agents in the same brokerage always cooperate
BA potential dual agency or in-house (designated) agency situation requiring disclosure and consent✓ Correct
CAn automatic conflict requiring a different brokerage to handle the sale
DA sub-agency arrangement
Explanation
When both buyer and seller are represented by agents in the same brokerage, it creates an in-house transaction that may constitute dual agency (or can be managed as designated agency). Disclosure and consent are required.
Related Nebraska Agency Questions
- In Nebraska, when a listing expires and the seller lists with a different broker, the original listing agent's remaining obligation is:
- A Nebraska listing agent who learns a property has significant foundation issues should:
- A Nebraska buyer's agent who fails to include all relevant terms in a purchase agreement that the buyer requested is breaching the duty of:
- A Nebraska agent who represents the buyer in a for-sale-by-owner (FSBO) transaction owes:
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- An agency relationship can be terminated by:
- Under Nebraska law, what happens to an agency relationship when the principal (seller or buyer) becomes mentally incapacitated?
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