Agency
A Washington broker who is a buyer's agent shows a property listed by their own firm. How should this in-company situation be handled?
AThe buyer's agent must withdraw from representing the buyer
BWritten disclosure of the in-company situation must be made to both buyer and seller✓ Correct
CThe designated broker must represent the buyer directly
DNo special disclosure is required as long as different agents represent each party
Explanation
Washington requires written disclosure when an in-company transaction occurs, so both the buyer and seller understand the relationship and any potential conflicts. The disclosure must be provided before any offer is made.
Related Washington Agency Questions
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