This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is an exclusive agency? What is a dual agency? What will be an ideal ... (Read 64 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
on: Aug 3, 2018
What is an exclusive agency? What is a dual agency?
 
  What will be an ideal response?

Question 2

What duties does an agent owe a principal in an agency relationship?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Aug 3, 2018
Answer to Question 1

An exclusive agency is the most common form of agency in a real estate transaction. The seller gives the broker/agent the exclusive right to market the property and receive a commission upon the sale of the property. A dual agency occurs when the broker/agent represents both the seller and the buyer in a real estate transaction.

Answer to Question 2

The agent owes the principal the duties of loyalty, obedience, disclosure, and confidentiality.


future617RT

  • Member
  • Posts: 543
Reply 2 on: Aug 3, 2018
Excellent

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Process Flow Diagram of a Dual-Stage Pressure System Process Flow Diagram of a Dual-Stage Pressure System
Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid Block Diagram of Single-stage Pressure System for Dual-Stage Pressure Production of Nitric Acid
Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
A dual-trace scope pattern showing both the power and the waste spark from the same coil ... A dual-trace scope pattern showing both the power and the waste spark from the same coil ...
A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ... A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ...
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library