Can a broker for the seller represent a non-represented potential buyer?

Study for the Connecticut Real Estate Exam. Ace your exam with flashcards and multiple choice questions. Each question comes with hints and explanations. Prepare confidently for your exam!

In Connecticut real estate practice, a broker representing a seller can indeed engage with a non-represented potential buyer, but with certain limitations regarding representation. When the broker interacts with the buyer, they can provide information about the property and assist the buyer, but cannot represent the buyer as a client or fiduciary unless an agreement to do so is established.

This means the broker can share property details and guide the buyer through the process, but their primary loyalty is to the seller. Thus, the broker's role is more of a facilitator rather than an advocate for the buyer's interests. This situation aligns with the concept of "transaction brokerage," where the broker acts to facilitate a transaction without agency representation for either party.

This model upholds the integrity of the broker's obligation to the seller, while still allowing for interaction with prospective buyers.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy