Agency
In South Carolina, a licensee who acts as a buyer's agent and receives compensation from the listing broker via the MLS cooperative compensation:
AHas a conflict of interest that voids the buyer agency agreement
BMust disclose the compensation arrangement to the buyer✓ Correct
CIs prohibited from accepting seller-side compensation
DAutomatically becomes a dual agent
Explanation
A buyer's agent who receives compensation from the listing broker (seller's side) must disclose this arrangement to the buyer. Transparency about compensation helps the buyer understand any potential conflicts.
Related South Carolina Agency Questions
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