Agency

What is the difference between a client and a customer in real estate agency?

AClients pay more than customers
BA client has an agency relationship with the agent; a customer does not✓ Correct
CCustomers have more legal protections
DThere is no legal difference

Explanation

A client (principal) has entered into an agency agreement and is owed fiduciary duties. A customer receives honest dealing but not fiduciary-level representation.

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