In a single agency relationship, who is the employer?

Study for the Florida Mutual Recognition Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare thoroughly for your exam!

Multiple Choice

In a single agency relationship, who is the employer?

Explanation:
In a single agency relationship, the employer is the broker. The licensee works for the broker and performs duties on behalf of the broker who has the contractual relationship with the client (the principal). The principal is the party the broker represents, while the customer is not represented. The licensee is the agent under the broker’s supervision, not the employer itself. This arrangement is how Florida real estate licensing typically operates: the broker hires and oversees licensees, and the client signs the brokerage agreement with the broker.

In a single agency relationship, the employer is the broker. The licensee works for the broker and performs duties on behalf of the broker who has the contractual relationship with the client (the principal). The principal is the party the broker represents, while the customer is not represented. The licensee is the agent under the broker’s supervision, not the employer itself. This arrangement is how Florida real estate licensing typically operates: the broker hires and oversees licensees, and the client signs the brokerage agreement with the broker.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy