A broker acting for both the buyer and the seller in the same transaction
Two brokerage companies' cooperating with each other
A broker representing more than one pricipal
A broker listing and then selling the same property
Attorney in fact
Must promote and safeguard the seller's best interest
Can disclose the seller's minimum price
Should present to the seller only the highest offer for the property
Can accept an offer on behalf of the seller
The broker could be a dual agent
The same agent may represent both the buyer and the seller at the same time
The broker can choose an agent in the office to reprsent the seller
The broker may appoint an agent to negotiate for the buyer
The principals are not aware o fsuch action
The broker is a subagent rather than the agent of the seller
Commisions are collected from both parties
Both parties have been informed and agree to the dual representation
Deceitful or dishonest practices
Exaggerated statements about the property
Omitted statements of material fact
Misstatements about the property
Guarantee a prospective buyer that the seller will accept an offer at the listed price and terms
Solicit an offer to purchase the propery from a prospective buyer
Advise a prospective buyer as to the best manner of taking title to the property
Change the terms of the listing contract on behalf of the seller.
The broker has violated his agency relationship with the seller.
The broker was unethical, but the seller did get her property.
The broker acted properly to obtain a quick offer on the property
Any broker is authorized to encourage such bids for the property
Had never advertised in that newspaper anyway
Must obey the lawful instructions of his pricipal
Was NOT intending to advertise the property at all
Is allowed to advertise only in local newspapers
Commission can be adjusted up or down according to the agent's efforts
Agent has fiduciary obligations to the principal.
Terms of the listing contract require the agent to do so.
Terms of the purchase contract require the agent to do so.
Tell him that the defect must be repaired
Arrange fr the repairs herself
Inform any prospective buyers of the defect
Contact the city building inspector about the defect
Disclosed dual agency
Exclusive buyer agency
The salesperson was guilty of fraud
The broker was guilty of fraud because the employing broker is responsible for the actions of the salesperson.
The salesperson was practicing puffing
The salesperson would be guilty of fraud only if the buyer purchased the house
The selling of another's property by a properly lincensed brokerage company
The rules of law that apply to the respnsibilities of a person who acts as agent for another
The principles that govern one's conduct in business
The rules and regulations of the state's licensing agency
Disclose to the seller that the buyer is a minority person
Disclose to the seller the maximum price the buyer is willing to pay
Present to the seller only offers that are acceptable
Advise the buyer if the listing price of the seller's house is unrealistic
She acted appropriately to get the seller's property sold.
She violated her fiduciary duty to mr. mole.
Her conduct implies she is representing the buyer.
She should not assume that an anxious seller will accept a lower offer.