Which type of agency representation involves a broker working on behalf of the seller?

Prepare for the Minnesota Real Estate Salesperson Exam. Engage with flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

The choice that identifies the representation where a broker is working on behalf of the seller is indeed the seller's broker. In this type of agency relationship, the seller's broker has a fiduciary duty to represent the seller's best interests throughout the real estate transaction process. This includes providing guidance on pricing, marketing the property, negotiating offers, and ultimately facilitating the sale while prioritizing the seller's objectives.

A seller's broker is responsible for ensuring that the seller understands the market, the condition of the property, and any obligations they have during the transaction. This role is crucial as it establishes a clear agency relationship where the seller can trust the broker to advocate for their interests, leading to a more effective and potentially profitable sale.

In contrast, the other options involve different roles or relationships. Dual agency would involve representing both the buyer and seller, which creates potential conflicts of interest. A facilitator acts more as a neutral third party without fiduciary responsibilities to either the buyer or seller, thus lacking the dedicated representation that a seller's broker provides. A buyer's broker represents the interests of the buyer, focusing on their needs rather than the seller’s. Therefore, the seller's broker is the correct and most appropriate term for the situation described.

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