Agency
In a NC transaction where a listing broker has no buyer's agent cooperating, and shows the home to an unrepresented buyer, the broker is most likely acting as:
AA buyer's agent
BA seller's agent with the buyer as a customer (not a client)✓ Correct
CA dual agent
DA facilitator only
Explanation
When a seller's listing broker shows property to an unrepresented buyer, the broker typically remains a seller's agent and the buyer is a customer (not a client) — unless dual agency is agreed upon.
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Related North Carolina Questions
- A NC buyer's agent who fails to disclose a known material defect because the seller is also a client (in a dual agency) has violated:Agency
- In North Carolina, 'dual agency' with written informed consent means the broker:Agency
- In a dual agency situation in North Carolina, a broker may NOT:Agency
- A North Carolina broker who provides services to a buyer without a written buyer agency agreement is acting as:Agency
Key Terms to Know
Dual Agency
A situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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