Agency
Designated agency in Wyoming means:
AOne agent represents both buyer and seller
BA broker designates one affiliated licensee to represent the buyer and another to represent the seller in the same transaction✓ Correct
CThe state appoints an agent for unrepresented parties
DA supervising broker represents all clients directly
Explanation
Designated agency allows a broker to designate separate affiliated licensees to represent the buyer and the seller in the same transaction, reducing the conflicts inherent in dual agency. The broker typically acts as a neutral party.
Related Wyoming Agency Questions
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