Agency
A Vermont seller's agent who is approached by a prospective buyer (not represented by a buyer's agent) should disclose upfront that they:
ACan represent the buyer if the buyer requests it without any changes
BRepresent the seller and owe fiduciary duties to the seller; the buyer is a customer, not a client✓ Correct
CMust immediately refer the buyer to another agent
DWill automatically become a dual agent
Explanation
Vermont's agency disclosure requirements mandate that a seller's agent inform unrepresented buyers of their agency relationship with the seller at first substantive contact. The buyer is treated as a customer (not a client) who receives honest, accurate information but not full fiduciary advocacy.
Related Vermont Agency Questions
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