10. A buyer agent has two clients who want to see the same property. Under a typical buyer agency agreement, the buyer agent

Answer: B

Explanation:

A buyer agent is allowed to show the property to both clients.

Under a typical buyer agency agreement, a buyer agent can show the same property to multiple clients, as long as they manage the interests of each client fairly and transparently.

A) may only show the property to one client.

This option is incorrect because the buyer agent is not restricted to showing the property to only one client. Buyer agents can represent multiple clients in a transaction, provided they disclose this situation and manage any potential conflict of interest appropriately.

B) is allowed to show the property to both clients.

This option is correct as it accurately reflects the standard practice under buyer agency agreements. Agents can show the same property to multiple clients, as long as they maintain transparency and ensure that each client's interests are protected.

C) must refer one of the clients to the broker or another agent.

This option is incorrect because there is no requirement for the buyer agent to refer one client to another agent solely because they both wish to see the same property. The agent can represent both clients simultaneously if proper disclosure is made.

D) must terminate the buyer agency agreements with both clients before showing the property.

This option is incorrect. A buyer agent does not need to terminate agreements with either client to show them the same property. Instead, the agent must maintain their fiduciary duties and manage the situation correctly.

Conclusion

The correct answer, B, emphasizes that buyer agents can show the same property to multiple clients under typical agreements, which is a common practice in real estate. Options A, C, and D incorrectly suggest limitations or actions that are not required under standard buyer agency practices. Therefore, B is the only option that accurately reflects the flexibility and responsibilities of a buyer agent in this context.