Question

The initial meeting with a prospective buyer or seller in a brokerage office that practices nonexclusive single agency is best described as the

Answer 1

The broker councils with the buyer or seller. The first meeting is fundamentally a casting meeting to educate the consumer asked to the agency services accessible. A buyer is permitted to full representation should they need or desire such a client - level service the boundaries of a nonexclusive single agency office must consequently be clearly clarified and agreed by the consumer in order for them to make an knowledgeable decision. This is mainly true if the broker has frequent in-house listings that will likely meet the buyers needs because that would surge the likelihood of the buyer eventually having to revert to a customer position.