Agency
In Wyoming, an in-house sale occurs when the listing broker also represents the buyer. The broker may act as:
AA seller's agent exclusively
BA buyer's agent exclusively
CA dual agent with written consent from both parties✓ Correct
DAn independent contractor
Explanation
When the same brokerage represents both buyer and seller in the same transaction, dual agency is created. Wyoming permits dual agency with written informed consent from all parties.
Related Wyoming Agency Questions
- In Wyoming, the relationship between a real estate broker and a seller under a listing agreement is best described as:
- The principal-agent relationship in Wyoming real estate is created by:
- A Wyoming buyer's agent who also holds a license as a mortgage broker must disclose:
- In Wyoming, a real estate licensee who provides 'ministerial acts' to an unrepresented party:
- A Wyoming transaction coordinator who assists with paperwork but does not negotiate or advise parties:
- Under Wyoming law, a designated agency arrangement means:
- A designated agency arrangement in Wyoming means:
- A Wyoming listing agent learns that the seller is going through a divorce and must sell quickly. The agent should:
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