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In this informative episode, we dive deep into the world of agency agreements - the foundation of every successful real estate transaction. When you go to take your real estate exam, understanding these crucial legal relationships could be the difference between passing or failing.
Our hosts break down the different types of agency relationships including buyer's agents, seller's agents, dual agency, and designated agency. They explain the fiduciary duties agents owe their clients, how compensation typically works, and the potential pitfalls to watch for when signing these binding documents.
This is an essential guide to navigating one of the most important but often misunderstood aspects of real estate transactions!
For more real estate exam preparation, visit us at https://www.realestateexamscholar.com.
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