Types of Agency Relationships Quiz Attempt #2

Define puffing?

What is the other name for designated agency?

If any of the following occurs, an agency may be terminated

The agency relationship is defined by

Which of the following is correct about universal agent

A non-agent can be either

The general agent

___ hires an agent to represent their interests

___is an individual who is authorized to represent the interest of a buyer or seller in a transaction.

___ is a principal in a real estate transaction.

A third party consumer that is not represented by an agent is still deserving of a particular level of service, fairness, and honestly is known as?

___ is a real estate licensee that works with the buyer and seller in a transaction but does not represent either party or their interests.

Define puffing?

What is the other name for designated agency?

The agency relationship is defined by

Which of the following is correct about universal agent

A non-agent can be either

The general agent

___ hires an agent to represent their interests

___is an individual who is authorized to represent the interest of a buyer or seller in a transaction.

A third party consumer that is not represented by an agent is still deserving of a particular level of service, fairness, and honestly is known as?

___ is a real estate licensee that works with the buyer and seller in a transaction but does not represent either party or their interests.

___ is a principal in a real estate transaction.

If any of the following occurs, an agency may be terminated

In the following situation, a buyer who is a broker’s client wants to purchase a house that the broker has listed with a seller. Which of the following applies?

Why does Georgia regulations require that brokers or salespersons disclose in writing their agency relationship with a seller to a buyer in a timely manner?