< A seller and a buyer both currently have single agency relationships with the same brokerage. If they wish to enter into an in-house transaction while keeping some degree of representation in their individual agency relationships, what are their options? Both parties could remain in their single-agent relationships, each enjoying a fiduciary level of representation, including full disclosure and confidentiality. They have no options, so one party must be released from their agency relationship with the brokerage. Both parties could move to transaction broker relationships with limited representation by having each party sign a consent to transition notice disclosure. Move both parties to no brokerage or nonrepresentation relationships by having each party sign a consent to transition notice disclosure. >

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
<
A seller and a buyer both currently have single agency
relationships with the same brokerage.
If they wish to enter into an in-house transaction while keeping
some degree of representation in their individual agency
relationships, what are their options?
Both parties could remain in their single-agent relationships, each
enjoying a fiduciary level of representation, including full disclosure
and confidentiality.
They have no options, so one party must be released from their
agency relationship with the brokerage.
Both parties could move to transaction broker relationships with
limited representation by having each party sign a consent to
transition notice disclosure.
Move both parties to no brokerage or nonrepresentation
relationships by having each party sign a consent to transition notice
disclosure.
>
Transcribed Image Text:< A seller and a buyer both currently have single agency relationships with the same brokerage. If they wish to enter into an in-house transaction while keeping some degree of representation in their individual agency relationships, what are their options? Both parties could remain in their single-agent relationships, each enjoying a fiduciary level of representation, including full disclosure and confidentiality. They have no options, so one party must be released from their agency relationship with the brokerage. Both parties could move to transaction broker relationships with limited representation by having each party sign a consent to transition notice disclosure. Move both parties to no brokerage or nonrepresentation relationships by having each party sign a consent to transition notice disclosure. >
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