Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A correct statement about agency relationships when a salesperson lists a property is that:

A. The licensee becomes a principal.
B. The seller is entitled to subagency from all licensees who show the property.
C. The licensee's broker becomes the agent of the seller.
D. The seller must sign a dual-agency relationship agreement with all prospective buyers.

Sagot :

GinnyAnswer

Final answer:

When a salesperson lists a property, the Licensee's broker becomes the agent of the seller. The seller does not need to sign a dual-agency relationship agreement with prospective buyers.


Explanation:

When a salesperson lists a property, the Licensee's broker becomes the agent of the seller. This means that the broker, who oversees the salesperson, acts on behalf of the seller in the real estate transaction. The seller is not required to sign a dual-agency relationship agreement with prospective buyers. In real estate, the agency relationships are well-defined to protect the interests of all parties involved.


Learn more about Real estate agency relationships here:

https://brainly.com/question/42372822


Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.