Agency
A New Mexico buyer who has signed a buyer representation agreement with Broker A contacts Broker B to show them a property. Broker B should:
ARepresent the buyer without checking if they have another agent
BAsk about and respect the buyer's existing representation relationship✓ Correct
CAutomatically represent both buyer and seller
DContact the NMREC for guidance
Explanation
REALTOR® ethics and professional courtesy require agents to ask prospects if they are already represented. Working with a buyer who is under contract with another broker can lead to commission disputes and ethical violations.
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