Exam New-Jersey-Real-Estate-Salesperson Topic 1 Question 58 Discussion

Actual exam question for Real Estate's New-Jersey-Real-Estate-Salesperson exam
Question #: 58
Topic #: 1
A buyer-broker locates a property that is listed with another broker. The buyer makes an offer through the buyer-broker and an agreement of sale results. In this situation, the buyer-broker is acting as a:

Suggested Answer: C Vote an answer

In a buyer agency relationship, the buyer-broker owes fiduciary duties solely to the buyer.
The buyer-broker is not a subagent of the seller's broker unless that is specifically created (rare in NJ).
The buyer-broker represents the buyer, not the seller, and has no fiduciary duty to the seller.
Correct answer = C.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Buyer Agency and Fiduciary Duties.

by Hyman at Dec 08, 2025, 06:28 PM

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