Agency
In NC, a buyer who submits an offer and pays an earnest money check, but no written buyer agency agreement has been signed, has implicitly established what type of relationship?
AFull fiduciary agency
BA customer relationship — without a written agency agreement, the buyer may be treated as a customer unless implied agency is established by conduct✓ Correct
CNo relationship
DA subagency relationship
Explanation
Without a written buyer agency agreement and without conduct establishing implied agency, the buyer may be a customer (not a client) of the broker. NC requires clear agency agreements to establish client relationships.
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