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Under an exclusive agency arrangement, the broker has a fiduciary arrangement with?

Question of the day
Under an exclusive agency arrangement, the broker has a fiduciary arrangement with?
(A) The seller (B)The buyer (C)The seller and buyer (D)The seller primarily and secondarily to the buyer
Answer: (A) The listing agreement creates an agency relationship between the broker and seller, referred to as a fiduciary relationship.
Answer: (A) The listing agreement creates an agency relationship between the broker and seller, referred to as a fiduciary relationship.

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Written by
John Reilly
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