Agency
In West Virginia, a written buyer representation agreement that includes an exclusivity clause means:
AThe buyer can still work with any agent they choose
BThe buyer is obligated to work only with that agent during the agreement period✓ Correct
CThe broker guarantees the buyer will find a home
DThe broker waives their commission if the buyer doesn't buy
Explanation
An exclusive buyer representation agreement obligates the buyer to work solely through that agent during the contract term. If the buyer purchases through another source, they may owe a commission to the exclusive buyer's agent.
Related West Virginia Agency Questions
- In West Virginia, when a single broker represents both the buyer and seller in the same transaction with both parties' written consent, this is called:
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