Prepare for your Florida Real Estate Exam with a comprehensive quiz featuring multiple-choice questions, hints, and detailed explanations. Gain the confidence you need to succeed in obtaining your real estate license!

Practice this question and more.


A buyer representation agreement establishes an agency relationship between which parties?

  1. Buyer and broker

  2. Buyer and salesperson

  3. Seller and broker

  4. Seller and salesperson

The correct answer is: Buyer and broker

A buyer representation agreement establishes an agency relationship between the buyer and the broker. This agreement defines the duties and responsibilities of both parties and outlines the terms of their partnership in the buying process. Options B, C, and D are incorrect as they do not establish an agency relationship between the buyer and broker, which is necessary for a buyer representation agreement. Option B only includes a salesperson, who may not have the same level of authority as a broker. Options C and D involve the seller, who would not be a part of a buyer representation agreement. Therefore, the correct answer is A.