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It is important to determine in every case whether an agency relationship exists due to issues relating to

Broker Sadie Sue has decided to purchase a property listed in the MLS by another broker. Since Sadie Sue is purchasing the property for herself, she has no duty to disclose her agency status to the seller.

A buyer’s agent should not disclose to the buyer that the listing is underpriced for the area.

A broker representing the buyer may withhold the identity of the buyer from the seller

The information regarding the roles brokers may play in a transaction may be written or oral, but the disclosure of agency status must be written.

In Texas, express authority to act for a principal

TRELA states that an intermediary “may be an agent of the parties to the transaction.” TREC’s general interpretation of the word “may” is that the broker may elect to assume a nonagency relationship with his or her clients.

Yolanda, a sales associate with Sapporo Realty, is having lunch with a friend. A man sitting at the next table is wearing a nametag indicating he is associated with another real estate firm in town. The man answers his portable phone and begins a conversation with someone he calls “Ben”. The man suggests to Ben that considering Ben’s poor credit rating, he might begin negotiations by asking the seller for a low down payment and a wrap-around mortgage. From the conversation, Yolanda might assume that the man is a(an)

The seller would NOT be liable for the acts and representations of

John Byers is a buyer-client of Global Realty engaged in negotiation for the purchase of 123 Main Street, a property listed by another broker. He has offered $172,000 but is willing to go as high as $195,000. If Global Realty also represents a different buyer who recently and unsuccessfully negotiated with the seller, Global Realty should