New Mexico License Law
Under NMREC rules, a real estate broker who represents a buyer in a new construction transaction must ensure that:
AThe builder pays the full commission with no split
BThe buyer receives proper representation and the agent's role is clearly disclosed✓ Correct
CThe transaction bypasses the MLS
DThe builder's agent also represents the buyer
Explanation
In new construction, buyers may sign a builder's contract without their own representation. A buyer's agent must disclose their role, ensure the buyer understands agency relationships, and represent the buyer's interests.
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