Agency
Under Wisconsin's agency law, the broker's fiduciary duty of 'obedience' requires the broker to:
AFollow all client instructions regardless of legality
BFollow the client's lawful instructions even if the broker disagrees✓ Correct
CObey the MLS rules above the client's instructions
DFollow DSPS rules above all other duties
Explanation
Obedience requires the agent to follow the client's lawful instructions, even if the agent personally disagrees. However, the agent is not required to follow instructions that are illegal or unethical.
Related Wisconsin Agency Questions
- A Wisconsin seller who enters into an exclusive right to sell agreement with Broker A, and then secretly lists with Broker B, is:
- A Wisconsin buyer's agent who represents a buyer making an offer on a property listed by the same firm is in a:
- A Wisconsin listing broker who negotiates a commission higher than agreed with the seller in the listing agreement would be:
- Under Wisconsin agency law, a licensee who gives legal advice to a client regarding the enforceability of a real estate contract is:
- A Wisconsin listing contract that expires without the property selling terminates the broker's authority. If the seller subsequently accepts a referral from the expired broker to a buyer, the broker may:
- Wisconsin's real estate agency disclosure form informs consumers that they may choose to have the licensee:
- Under Wisconsin law, which of the following is a fiduciary duty owed ONLY to a client, not a customer?
- A Wisconsin buyer's agent who knows the seller is in financial distress but does NOT disclose this to the buyer is:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →