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.
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.
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