Georgia MLS Practice Exam (QUESTIONS & ANSWERS)100% CORRECT ANSWERS LATEST 2024/2025(A+ RATED VERIFIED BY EXPERTS)
When should a licensee disclose to the parties whom their firm intends to represent in a transaction? - ANSWER Disclosure should be made verbally and in writing to all parties as soon as possible. A selling broker desires to represent a purchaser in a real estate transaction while at the same time act as a subagent of the listing broker and seller. Could the broker perform both of these functions in the same transaction? - ANSWER No, when a broker working with a buyer acts as a subagent of the listing broker and seller, that broker working with a buyer must represent the seller and treat the buyer as a customer Whether or not a real estate sales affiliate in GA may act as a buyer's agent will be determined by: - ANSWER the company policy and procedures manual issued to all sales affiliates by the broker
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