If a buyer does not wish to create an agency relationship, what must the license holder ensure?

When a buyer does not wish to create an agency relationship, it becomes essential for the license holder to ensure that the buyer is aware of who the agency represents. This is because clarity regarding representation serves to protect both parties in the transaction. In real estate transactions, it's crucial for buyers to understand the specifics of agency relationships to make informed decisions.

By informing the buyer that LMN Realty is representing the seller, the license holder provides necessary transparency about the dynamics at play in the transaction. This transparency enables the buyer to navigate their options more effectively, ensuring they understand that the broker's loyalty lies with the seller and that their interests may not be fully represented unless a different agency relationship is established.

In contrast, the other options do not align effectively with standard practices in real estate. Waiving all rights to representation doesn't adequately reflect the buyer's ability to seek their own representation or explore other agency relationships. Limiting the broker from showing other properties contradicts common practices in showcasing homes, while requiring merely verbal consent lacks the formal documentation and clarity typical of agency agreements. Hence, acknowledging that LMN Realty represents the seller is the primary obligation of the license holder in such cases.