Agency
In Tennessee, a seller's broker who shows a buyer properties listed by other firms (as a cooperating broker) represents:
AThe buyer automatically by virtue of showing properties
BThe seller from whose listing the buyer was referred✓ Correct
CNeither party until a formal agreement is signed
DThe buyer if they have toured more than 3 properties together
Explanation
When a buyer approaches a listing broker directly, the listing broker represents the seller. If operating as a subagent through MLS cooperation, the cooperating broker also represents the seller. The broker must disclose this relationship to the buyer.
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