Real Estate Exam [California] 36, Buyer Broker Agreements
Streams straight from the publisher. PodNod never proxies or re-hosts episode audio.
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The critical difference between exclusive and non-exclusive buyer broker agreements in California.
- How broker compensation is determined, negotiated, and handled when a seller's offer differs.
- The six fiduciary duties a buyer's agent owes their client, remembered by the acronym OLDCAR.
- The specific rules and notice periods for terminating exclusive versus non-exclusive agreements.
- The required timing for presenting the agency disclosure form to a potential buyer in California.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
No links were found in this episode’s notes.