Alberta Real Estate Licensing Exam Practice · Question
An Alberta buyer enters into a written Buyer Representation Agreement with ABC Realty. A week later, the buyer decides they are also interested in a property listed by another agent at ABC Realty. In this situation, how is the agency relationship best described concerning the buyer?
Under Designated Agency, even if another agent in the same brokerage lists the property the buyer is interested in, the buyer's initial designated agent continu
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Question: An Alberta buyer enters into a written Buyer Representation Agreement with ABC Realty. A week later, the buyer decides they are also interested in a property listed by another agent at ABC Realty. In this situation, how is the agency relationship best described concerning the buyer?
Answer options: ✅ The buyer still has a Designated Agency relationship with their initial agent, who continues to represent them solely
- The relationship automatically shifts to Transaction Brokerage due to the internal conflict within the brokerage
- The buyer must terminate their agreement with ABC Realty and seek representation elsewhere
- The buyer's initial agent must become a transaction facilitator for this specific property
Correct answer: The buyer still has a Designated Agency relationship with their initial agent, who continues to represent them solely
Explanation: Under Designated Agency, even if another agent in the same brokerage lists the property the buyer is interested in, the buyer's initial designated agent continues to act as their sole representative. The brokerage manages the potential internal conflict but the agents remain loyal to their respective clients. This is a core principle of Designated Agency in Alberta as per RECA Rules.
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