Licensee acting on behalf of an out of town seller...

Real Estate Sales Exam For State Licensing Boards Latest Exam Update

Licensee acting on behalf of an out of town seller receives an offer from buyer. What should the licensee do?

Licensee has the managing broker authority

Verbal approval of seller via phone

Only if licensee has written authority as POA from seller

As agent as principal

✔ Correct Answer:

Only if licensee has written authority as POA from seller

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