Florida Real Estate Practice Exam

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What is the presumed agency relationship in Florida?

Seller’s agent
Buyer’s agent
Transactional broker
Dual agent

The correct answer is: Transactional broker

In Florida, the presumed agency relationship is that of a transactional broker. This means that the real estate agent is representing both the buyer and seller equally in a real estate transaction. Option A (Seller's agent) and B (Buyer's agent) suggest that the agent is exclusively representing one party, which is not the case in Florida. Option D (Dual agent) is also incorrect, as this would suggest that the agent is representing both parties but not equally. It is important to note that while C is the presumed agency relationship, the parties involved can choose to have a different type of agency relationship, such as a single agent or no agent at all.