Agency
A West Virginia real estate agent who simultaneously represents competing buyers for the same property without the clients' knowledge and consent is:
AActing efficiently and in the market's best interest
BViolating the duty of loyalty owed to both clients✓ Correct
COnly problematic if the agent's commission differs for each buyer
DPermitted as long as the agent discloses the situation to the listing broker
Explanation
Representing competing buyers for the same property without each client's informed consent violates the fundamental duty of loyalty. The agent's interests are divided, and each buyer's confidential information and negotiating strategy is at risk.
Related West Virginia Agency Questions
- Which of the following is a fiduciary duty owed by a West Virginia buyer's agent to their client?
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