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Struggling to understand agency relationships for your real estate exam? In this exam breakdown, I walk you through everything you need to know to pass the agency section. From fiduciary duties to the differences between clients and customers, listing agreement types, and what makes an open listing a unilateral contract, this session answers questions that will likely appear on your test! If you're serious about passing, check out the bundle: https://shop.studywithdee.com/product... 🎓 Learn: Why fiduciary duties like loyalty and confidentiality matter. Real exam-style questions with answers and explanations. The difference between exclusive right-to-sell and exclusive agency. Chapters: 00:00 - Real Estate Exam Breakdown 05:42 - Agency Relationships 09:10 - Types of Listing Contracts 15:05 - Practice Question 1 17:19 - The Purpose of Buyer Brokerage 19:54 - Transaction Brokers vs. Agents 24:10 - Practice Question 2 25:21 - The Purpose of a Power of Attorney 26:52 - Open Listing = Unilateral Contract 28:54 - Terminating Agency Relationships 30:49 - Practice Question 3 33:13 - Client vs. Customer vs. Agent Learn more about agency in real estate: • Express vs. Implied Agency Explained | Rea... #RealEstateLicense #DeeKumarRealEstate