Illinois Broker Reciprocity Practice Exam

In Illinois, when a licensee acts as a dual agent, they represent both the buyer and the seller in a transaction. Their role requires a delicate balance, as they must maintain impartiality and provide fair treatment to both parties involved.

Showing comparable sales to the buyer upon request is permissible under dual agency because it involves providing factual information that does not favor one party over the other. This action maintains transparency, allowing the buyer to make an informed decision without compromising the agency's duty to the seller. It reflects the licensee's obligation to provide valuable market insights while adhering to their responsibilities as a neutral party.

Other options may lead to conflicts with the duty of impartiality inherent in dual agency. For example, owing loyalty to one client over another or suggesting specific negotiation strategies may compromise the dual agent's ability to remain neutral and could be seen as favoring one party. Signing consent after an offer could also present challenges, as consent typically needs to be established before acting in a dual agent capacity to ensure that both parties fully understand and agree to the agent's neutral role.

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