Alberta Real Estate Licensing Exam Practice · Question
Which of the following situations would most likely lead to a 'conflict of interest' for a real estate professional?
Representing both sides without proper protocol creates a conflict because the professional's duties to one client may contradict duties to the other.
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Question: Which of the following situations would most likely lead to a 'conflict of interest' for a real estate professional?
Answer options: ✅ Representing both the buyer and seller in the same transaction without proper disclosure and consent.
- Working for two different brokerages in separate cities.
- Referring a client to a mortgage broker with no financial connection.
- Having a personal investment in a publicly traded real estate development company.
Correct answer: Representing both the buyer and seller in the same transaction without proper disclosure and consent.
Explanation: Representing both sides without proper protocol creates a conflict because the professional's duties to one client may contradict duties to the other.
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