Which of the following accurately describes the role of a broker under dual agency?

Study for the North Carolina 75-Hour Broker Course Test. Ace your exam with comprehensive flashcards and detailed multiple-choice questions, each with hints and explanations. Prepare confidently for your real estate career!

The correct answer highlights the unique responsibilities of a broker operating under dual agency, which is when a broker represents both the seller and the buyer in the same transaction. In this situation, the broker's primary role is to facilitate communication between the two parties, ensuring that both are informed while maintaining impartiality. This means managing the flow of information, coordinating discussions, and sometimes bringing both parties together to reach an agreement, all while adhering to legal and ethical standards.

It's essential for brokers in dual agency to navigate the complexities involved, as they cannot favor one party over the other or provide exclusive advocacy for either side. This neutrality is crucial to uphold the trust placed in the broker and to comply with agency laws.

The other options inaccurately describe the broker's role under dual agency. For instance, representing only the seller or only the buyer contradicts the definition of dual agency. Similarly, advocating for one party over another fundamentally opposes the broker's obligation to remain neutral, as this would create a conflict of interest. Understanding these dynamics is vital for anyone studying real estate agency in a dual representation scenario.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy