Agency
When multiple Washington real estate licensees from the same firm represent competing buyers for the same property, the firm should:
AAllow both agents to compete and whoever submits first wins the client
BDisclose the situation to both buyers, obtain consent, and ensure each client's confidential information is protected✓ Correct
CHave the designated broker pick which buyer to represent
DAutomatically withdraw from representing both buyers
Explanation
When a firm represents competing buyers for the same property, it creates a conflict of interest. Washington law requires written disclosure to both buyers of the conflict, obtaining consent, and implementing procedures to prevent one buyer's confidential information from being shared with the competing buyer.
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