Buyer Beatrice has entered into an exclusive buyer single agency agreement with Broker Nate. The agreement states that the broker will first look to the seller for payment of earned commission via the cooperating broker arrangement as published in the listing for the property on the local MLS. On one hand, Beatrice is glad that she probably won't have to pay the broker's fee, but on the other hand, she's worried that if Nate is being paid by the seller, his loyalty might be with the seller. Is Beatrice's concern warranted? Although Nate is operating as a single agent for Beatrice, her concerns might still be warranted since compensation representation and loyalty. Beatrice does not need to worry until it is actually determined from whom Nate's compensation will come. Beatrice does not need to worry because compensation does not equal loyalty or an agency relationship. Beatrice's concerns are valid. If she wants Nate to only consider her interests, she should not allow him to receive compensation from the seller
Buyer Beatrice has entered into an exclusive buyer single agency agreement with Broker Nate. The agreement states that the broker will first look to the seller for payment of earned commission via the cooperating broker arrangement as published in the listing for the property on the local MLS. On one hand, Beatrice is glad that she probably won't have to pay the broker's fee, but on the other hand, she's worried that if Nate is being paid by the seller, his loyalty might be with the seller. Is Beatrice's concern warranted? Although Nate is operating as a single agent for Beatrice, her concerns might still be warranted since compensation representation and loyalty. Beatrice does not need to worry until it is actually determined from whom Nate's compensation will come. Beatrice does not need to worry because compensation does not equal loyalty or an agency relationship. Beatrice's concerns are valid. If she wants Nate to only consider her interests, she should not allow him to receive compensation from the seller
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Transcribed Image Text:Buyer Beatrice has entered into an exclusive
buyer single agency agreement with Broker
Nate. The agreement states that the broker will
first look to the seller for payment of earned
commission via the cooperating broker
arrangement as published in the listing for the
property on the local MLS. On one hand,
Beatrice is glad that she probably won't have to
pay the broker's fee, but on the other hand,
she's worried that if Nate is being paid by the
seller, his loyalty might be with the seller.
Is Beatrice's concern warranted?
Although Nate is operating as a single agent for
Beatrice, her concerns might still be warranted
since compensation representation and
loyalty.
Beatrice does not need to worry until it is
actually determined from whom Nate's
compensation will come.
Beatrice does not need to worry because
compensation does not
equal loyalty or an agency relationship.
Beatrice's concerns are valid. If she wants Nate
to only consider her interests, she should not
allow him to receive compensation from the
seller
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