Agency
In West Virginia, a broker who is not a member of an MLS may still cooperate with other brokers through:
AMandatory MLS participation required by WV law
BBilateral cooperation agreements or co-brokerage arrangements outside the MLS✓ Correct
CAutomatic sharing under WVREC rules
DFederal cooperation rules applicable to all brokers
Explanation
MLS membership is not mandatory under WV law (though it is the dominant practice). Brokers who are not MLS members can still cooperate through bilateral co-brokerage agreements, which specify commission sharing and cooperation terms for specific transactions.
Related West Virginia Agency Questions
- Under West Virginia agency law, a buyer's agent owes which of the following duties to the seller?
- Under West Virginia law, a real estate licensee's agency relationship with a client is primarily established by:
- In West Virginia, a seller's agent owes which duties to a prospective buyer who is NOT their client?
- A West Virginia licensee acting as a buyer's agent should NOT tell the buyer:
- In West Virginia, an agent who represents a buyer in a transaction but is paid by the seller through the MLS cooperative compensation arrangement is:
- In West Virginia, when must a listing agent provide agency disclosure to a prospective buyer who contacts the agent about a listing?
- A West Virginia buyer asks their agent to help draft an offer well below market value in hopes the seller is desperate. The agent should:
- Under West Virginia law, an agent's duty to keep client information confidential generally extends:
Practice More West Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free West Virginia Quiz →