Question

When is written consent not needed for a broker to act as an intermediary...?

AIf representation agreements are signed with both the buyer and seller, which allows the broker to act as an intermediary
BIf a listing contract is signed with the seller
CIf a buyer representation agreement is signed with the buyer
DIf the purchase contract grants permission to the broker

Answer 1

A broker can act as an intermediary without written consent when specific agreements are in place or when the purchase contract explicitly authorizes it.

In real estate transactions, a broker can serve as an intermediary between a buyer and a seller without obtaining written consent in the following situations:

1. If representation agreements are signed with both the buyer and the seller, allowing the broker to act as an intermediary.
2. If a listing contract is signed with the seller.
3. If a buyer representation agreement is signed with the buyer.
4. If the purchase contract explicitly grants permission to the broker.

These scenarios establish the necessary agreements and permissions for a broker to act as an intermediary without requiring written consent.