When the broker works for only one party in a real estate transaction, they are acting as a "single agent".
These are questions that the above text answers:
1. What is the role of a single agent in real estate transactions?
2. When does a broker act as a single agent in a real estate transaction?
3. What is the significance of a broker working for only one party in a real estate transaction?
4. How does a single agent differ from other types of agents in real estate transactions?
5. What is the term used to describe a broker who represents only one party in a real estate transaction?
6. What is the main responsibility of a single agent in a real estate transaction?
7. In what type of real estate transaction would a broker typically act as a single agent?
8. What are the advantages of working with a single agent in a real estate transaction?
9. How does the role of a single agent affect the relationship between the broker and the client?
10. What are some potential drawbacks of working with a single agent in a real estate transaction?