South Carolina License Law
In South Carolina, a licensee who assists a buyer in purchasing a FSBO (For Sale By Owner) property may:
ANever receive compensation on a FSBO transaction
BRepresent the buyer and negotiate compensation with the seller or receive compensation from the buyer per a buyer agency agreement✓ Correct
COnly represent the seller in FSBO transactions
DAct only as a transaction broker with no compensation
Explanation
When a buyer's agent assists a client in purchasing a FSBO property, the agent may negotiate compensation directly with the seller or rely on a buyer agency agreement where the buyer has agreed to pay the agent's fee. SC law does not prohibit this.
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