BC Real Estate Trading Services Licensing Exam Practice · Question
A team of licensees at Stellar Realty is representing a seller for a condo at 789 Robson Street, Vancouver. Another licensee from the same brokerage, who is not part of the seller's designated agency team but is familiar with the property, is approached by a buyer client who wants to make an offer on the same condo. Can this second licensee represent the buyer?
Under the designated agency model in BC, different designated agents within the same brokerage can represent different parties (e.g., buyer and seller) in the s
Start free practice for BC Real Estate Trading Services Licensing Exam Practice
242 questions · no signup required · 40 free questions per day
Question: A team of licensees at Stellar Realty is representing a seller for a condo at 789 Robson Street, Vancouver. Another licensee from the same brokerage, who is not part of the seller's designated agency team but is familiar with the property, is approached by a buyer client who wants to make an offer on the same condo. Can this second licensee represent the buyer?
Answer options: ✅ Yes, provided the brokerage has two separate designated agents for each party, this is permissible under the current rules.
- No, because even with designated agency, licensees from the same brokerage are generally prohibited from representing opposing parties in the same transaction.
- Yes, but only if the buyer explicitly waives their right to full representation and agrees to limited dual agency.
- No, unless both designated agents obtain written consent from their respective clients to proceed under a 'licensee limited dual agency' agreement.
Correct answer: Yes, provided the brokerage has two separate designated agents for each party, this is permissible under the current rules.
Explanation: Under the designated agency model in BC, different designated agents within the same brokerage can represent different parties (e.g., buyer and seller) in the same transaction, as long as they maintain their independent fiduciary duties to their respective clients. This is not considered dual agency.
Start free practice for BC Real Estate Trading Services Licensing Exam Practice
242 questions · no signup required · 40 free questions per day
More about BC Real Estate Trading Services Licensing Exam Practice
Related Questions
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
- A B.C. lawyer, acting on forged documents, fraudulently transferred a property located in Victoria from its ri
- A buyer is looking to purchase a home for $800,000 in Vancouver. They have saved a down payment of $100,000. W
More for BC Real Estate Trading Services Licensing Exam Practice candidates
Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free BC Real Estate Trading Services Licensing Exam Practice Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.