Agency
When does a buyer agency relationship in Washington typically terminate?
AWhen the buyer views their first property
BUpon closing and completion of the transaction✓ Correct
CWhen the buyer submits an offer
DWhen the listing expires
Explanation
A buyer agency relationship in Washington typically terminates upon completion of the purpose for which it was created — i.e., the closing and successful transfer of title to the buyer.
Related Washington Agency Questions
- In Washington, when does a licensee's agency relationship with a buyer typically begin?
- A Washington buyer's agent writes an offer on behalf of their client. The agent makes an error in the offer price (types $390,000 instead of the intended $380,000). This is a/an:
- A Washington designated broker wants to resign. What happens to the licenses of all affiliated brokers?
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- A Washington real estate licensee discovers after closing that the seller had undisclosed structural damage that was concealed during the transaction. The buyer may have a claim against:
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