Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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What is the role of an agent in a nonagency relationship?

Negotiate leases
Represent both buyer and seller
Facilitate the transaction without representing either party
Sell the property exclusively

The correct answer is: Facilitate the transaction without representing either party

An agent in a nonagency relationship does not represent either the buyer or seller, and therefore does not negotiate leases (A), represent both parties (B), or exclusively sell the property (D). In a nonagency relationship, the agent simply facilitates the transaction without advocating for either party's interests. This can occur in situations where both parties already have representation, or if the agent is acting in a limited capacity to provide basic services, such as showing the property or completing paperwork. Therefore, the role of an agent in a nonagency relationship is to simply facilitate and assist in the transaction without having a fiduciary duty to either party.