Agency
An Oregon seller's agent is showing the listed property to an unrepresented buyer (one without their own agent). In this situation, the seller's agent should:
AAutomatically become the buyer's agent as well
BProvide agency disclosure to the buyer and clarify that the agent represents only the seller, while being willing to share factual information✓ Correct
CRefuse to show the property to unrepresented buyers
DCharge the buyer a separate fee for any assistance provided
Explanation
When working with an unrepresented buyer, an Oregon seller's agent must: (1) provide agency disclosure clarifying their role; (2) explain that they represent the seller, not the buyer; (3) offer factual information about the property; (4) not provide advice that could harm the seller's interests. The agent is NOT automatically a buyer's agent. This situation is sometimes called working with a 'customer' rather than a 'client.'
Related Oregon Agency Questions
- In Oregon, a listing broker learns that the seller's property has a cracked foundation. The seller asks the broker not to disclose this. What should the broker do?
- Under Oregon law, a real estate broker who acts as a buyer's agent earns their compensation by:
- If an Oregon seller instructs their agent to reject all offers below $500,000, and the agent receives a $485,000 offer, the agent should:
- When does an Oregon listing agency relationship with a seller automatically terminate?
- The duty of loyalty in an Oregon agency relationship means the agent must:
- An Oregon buyer's agent shows a property listed by another brokerage. The buyer makes an offer. The buyer's agent owes which duties to the seller in this transaction?
- An Oregon property listed on the MLS shows offers of compensation to cooperating brokers. Under current practice, this compensation offer:
- When does an Oregon listing agency agreement typically terminate?
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