Michigan Real Estate Exam Practice Question
The decision about the most appropriate form of agency relationship should be determined:
Correct Answer: B
Rationale: Determining the appropriate agency relationship is crucial for ensuring transparency and trust. Informing the client or customer about the available types of agency relationships (Option B) allows them to make an informed decision, fostering a collaborative environment.
Option A is misleading as the type of property alone does not dictate the agency relationship; it must consider client needs. Option C suggests that confidentiality should precede the decision, which could limit understanding. Option D implies a post-agreement decision, which undermines the necessity of informed consent and clarity before entering into contracts.
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