A 'customer' in a real estate transaction is most accurately described as:

A 'customer' in a real estate transaction is

Multiple choice — select the best answer

AThe party who has signed a buyer representation agreement
BA third party who is not represented by the licensee
CThe seller who listed the property
DAny person who attends an open house

✓ Correct answer: B. A third party who is not represented by the licensee A customer is a third party (not the licensee's client/principal) to whom the licensee may still owe certain duties such as honest dealing but NOT fiduciary duties.

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Topic: Agency

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