Michigan Real Estate Exam Practice Question
A buyer has decided to hire several real estate licensees, each representing the buyer in different areas. What type of agreement would prevent the buyer from using an undisclosed dual agent?
Correct Answer: B
Rationale: Option B, Exclusive right to represent, is the most suitable choice as it ensures that the buyer is represented exclusively by the hired licensees, preventing any undisclosed dual agency. This type of agreement solidifies the buyer's commitment to their agents and clarifies that no other representation, including dual agency, can occur without disclosure.
Option A, Exclusive agency representation, allows the buyer to work with other agents, which could lead to dual agency situations.
Option C, Exclusive right to purchase, pertains more to the buyer's commitment to purchase rather than representation, making it irrelevant in this context.
Option D, Exclusive right to sell, applies to sellers, not buyers, and therefore does not address the buyer's representation needs.
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