Agency
Wisconsin's real estate agency disclosure form informs consumers that they may choose to have the licensee:
ARepresent only the seller
BRepresent the buyer, the seller, both (with consent), or neither (as facilitator)✓ Correct
CRepresent neither party
DOnly work as a transaction facilitator
Explanation
Wisconsin's agency disclosure informs consumers of the types of agency relationships available — seller's agent, buyer's agent, dual agent (with consent), designated agent, or facilitator.
Related Wisconsin Agency Questions
- A Wisconsin licensee who represents neither the buyer nor seller but assists both in completing the transaction is acting as a:
- A Wisconsin listing broker who represents the seller must NOT disclose to the buyer:
- A Wisconsin buyer's agent who discovers that a property has a cracked foundation must disclose this to:
- In Wisconsin, the concept of 'respondeat superior' in real estate agency means:
- Wisconsin's agency disclosure requirements are designed to ensure that consumers:
- Under Wisconsin law, a buyer's agent who learns the seller will accept less than the listing price should:
- A Wisconsin listing broker who negotiates a commission higher than agreed with the seller in the listing agreement would be:
- A Wisconsin listing agent who discovers a material defect in the listed property must:
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