In a scenario where Broker L lists a home and Broker S brings a buyer, which statement is true?

Enhance your preparation for the Utah General Sales License Exam with comprehensive study materials, flashcards, and multiple choice questions. Each question is accompanied by detailed explanations and hints to boost your confidence.

In this scenario, both Broker L and Broker S have roles that are aligned with representing the seller's interests primarily. Broker L, as the listing broker, has been engaged by the seller to represent their interests in the transaction. This relationship includes responsibilities such as marketing the property, facilitating viewings, and negotiating offers on behalf of the seller.

Meanwhile, Broker S, who brings a buyer to the property, typically has a fiduciary duty to either the buyer or the seller depending on the nature of their agreement. However, if Broker S is acting without a buyer representation agreement, they may also serve as a subagent of Broker L, thereby representing the seller's interests as well. In this case, Broker S is facilitating the sale on behalf of Broker L and, by extension, the seller.

This situation emphasizes a common real estate practice where the buyer and seller are represented by different brokers, but ultimately, if Broker S does not have a buyer's representation agreement, they will be acting as an agent for the seller alongside Broker L. Thus, the correct statement reflects the alignment of both brokers' roles in serving the seller's interests in this context.

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