Agency
A buyer's agent in Texas shows a property their own brokerage has listed. Without a separate buyer representation agreement, the agent typically owes duties to:
ABoth parties equally without any agency relationship
BThe seller (through the listing agreement), making disclosure critical if they also want to represent the buyer✓ Correct
CThe buyer automatically by showing the property
DTREC as the supervising agency
Explanation
When a buyer calls about a listing from the listing brokerage, the agent owes duties to the seller through the listing agreement. To also represent the buyer, the broker must obtain written consent from both parties to serve as intermediary, and may appoint designated associates. Proper disclosure is essential.
Related Texas Agency Questions
- Under TREC rules, a Texas broker is required to keep copies of all signed listing agreements for at least:
- In a Texas real estate transaction, the doctrine of 'ratification' of an unauthorized agent act occurs when:
- When a Texas real estate agent 'discloses' their agency relationship, they are communicating:
- Which Texas TREC form is used to disclose agency relationships to consumers?
- A Texas real estate agent's duty of 'accounting' requires the agent to:
- A Texas listing broker's agent shows a property to an unrepresented buyer. The agent should inform the buyer that:
- A Texas real estate agent who earns an undisclosed secret profit from a transaction is breaching the duty of:
- If a Texas real estate agent receives an offer on a listed property while the seller is vacationing abroad and unreachable, the agent should:
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