California Real Estate Practice Exam

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Cooperating brokers represent whom?

  1. Any buyer who approaches them

  2. Only the seller

  3. Whomever they have an agency agreement with

  4. Both buyer and seller simultaneously

The correct answer is: Whomever they have an agency agreement with

Cooperating brokers represent whomever they have an agency agreement with. This means that they only represent those clients that they have an official agreement with, rather than any buyer who approaches them (A) or only the seller (B). However, they do not represent both the buyer and seller simultaneously (D), as this would create a conflict of interest.

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