Without signing a Buyer-Broker Agreement, a buyer's representation is described as what?

• A. A buyer's representation (client)
• B. A seller's agent
• C. A customer relationship (no representation)
• D. An exclusive buyer's agency

Answer: (C)

In real estate, you only become a client of a broker with a written buyer-broker agreement. If there isn’t one, the broker isn’t representing the buyer as a client; the relationship is simply a customer relationship with no representation. That means the broker isn’t obligated to advocate exclusively for the buyer or protect confidential buyer interests as fiduciary duties would require. The broker can still provide services like showing properties and answering questions, but duties are limited and there’s no formal representation. A seller’s agent would be representing the seller, and an exclusive buyer’s agency or a signed buyer-broker agreement would create client representation. So, without a signed agreement, the correct description is a customer relationship (no representation).