Agency
An Oklahoma real estate agent who is a designated buyer's agent in a firm that also has a designated seller's agent for the same transaction (designated agency) means:
ABoth agents must share all client information with each other
BEach agent represents only their respective client; the broker is the dual agent but the two designated agents each have full agency duties to their respective clients✓ Correct
CThe broker cannot be involved in the transaction at all
DDesignated agency is illegal in Oklahoma
Explanation
Designated agency allows a brokerage to represent both buyer and seller in the same transaction by designating separate agents for each party. Each designated agent owes full fiduciary duties to their respective client, while the broker serves as the neutral dual agent.
Related Oklahoma Agency Questions
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