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A broker in a residential transaction, when requested by the parties who meet the financial requirements, may appoint one licensee in the firm to act as a single agent for the buyer, and one licensee in the firm to act as a single agent for the seller.
Which is NOT a requirement of the designated sales associate relationship?
Which brokerage relationship allows a broker to appoint a sales associate as a buyer’s representative, and also appoint another sales associate as a seller’s representative in a non-residential transaction?
In a designated sales associate relationship, both the buyer and the seller must have net worth of $1 million.