Free Pennsylvania Real Estate Practice Exam Practice Question
A broker has been hired by a buyer to find an investment property. Upon locating a suitable property, the broker SHOULD:
Correct Answer: D
Rationale: When a broker represents a buyer, it is essential to disclose this relationship to the listing broker or seller to maintain transparency and ethical standards in the transaction. This disclosure helps ensure all parties are aware of potential conflicts of interest.
Option A is incorrect; while a title search is important, it is typically the buyer's responsibility to initiate this after an offer is accepted. Option B, recommending a professional inspection, is also valuable but not the immediate responsibility of the broker at this stage. Option C, disclosing dual representation, may not apply if the broker is solely representing the buyer, making this option irrelevant.
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