Agency
Under Oregon law, a real estate broker who acts as a buyer's agent earns their compensation by:
ACharging the seller for buyer representation services
BBeing compensated through their principal broker, who may receive a portion of the seller's commission✓ Correct
CCharging the buyer directly without any required disclosure
DSplitting the commission with the listing broker before paying the principal broker
Explanation
In Oregon, a buyer's agent is typically compensated through their principal broker, who may receive a portion of the seller-paid commission through a cooperative/co-brokerage agreement. The buyer and buyer's agent may also directly negotiate a buyer agency compensation agreement.
Related Oregon Agency Questions
- Sub-agency in Oregon occurs when:
- When an Oregon buyer hires a buyer's agent, the agent must disclose to the buyer all of the following EXCEPT:
- Under Oregon agency law, a 'disclosed limited agent' is a broker who:
- In Oregon, the concept of 'ratification' in agency law means:
- Under Oregon law, a real estate agent who makes a false statement knowing it to be false to induce a party to enter a transaction has committed:
- A buyer's agent in Oregon discovers that a property has an unresolved permit violation. The agent should:
- The duty of 'accounting' in an agency relationship requires the agent to:
- Oregon's agency disclosure requirements apply to transactions involving which types of property?
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