Question

In: Accounting

A buyer's agent represents the buyer, and the seller's agent represents the broker.



A buyer's agent represents the buyer, and the seller's agent represents the broker. 

True 

False

Solutions

Expert Solution

Answer: The statement is true.

A buyer's agent represents the needs of the buyer and helps buyer in his real estate purchases or be any other purchases.

A seller's agent represents the broker because he helps the seller in selling his property, list out seller's terms and conditions etc. In return the broker charges some commission for his services.


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