Agency
In Wyoming, a buyer who begins working with multiple agents simultaneously without exclusive agency agreements:
AIs legally obligated to compensate all agents who worked on their behalf
BHas no agency relationship with any agent until they enter a written buyer agency agreement✓ Correct
CCreates implied agency with all agents they work with
DIs prohibited from doing so under Wyoming license law
Explanation
Without a written exclusive buyer agency agreement, a buyer may work with multiple agents and has no obligation to any particular one. The agents are not necessarily in an agency relationship with the buyer, though their conduct may create implied agency.
Related Wyoming Agency Questions
- When does a seller's agency relationship typically terminate in Wyoming?
- Under Wyoming agency law, a subagent is:
- In Wyoming, the 'procuring cause' in determining commission entitlement refers to:
- Which of the following is an example of an agent's duty of confidentiality in Wyoming?
- A Wyoming licensee's agency agreement with a buyer expires. The buyer then makes an offer on a property the agent showed them during the agency period. The agent:
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- A Wyoming seller hires a broker under an exclusive agency listing. The seller then finds a buyer themselves. In this case:
- A Wyoming listing broker whose salesperson represents the buyer in the same transaction must:
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