How the exam uses customer
Honesty to a customer never requires disclosing a client's confidential information, such as the lowest price the seller would accept.
This is one of the terms Georgia handles differently from most states. If you prepared with a national question bank, check what it taught you here, because that is exactly where the state supplement takes marks back. The full list of Georgia differences.
What a question on this looks like
Under BRRETA, a customer is owed:
Answer: Honesty and disclosure of material facts A customer has no brokerage engagement, so they receive honesty and material-fact disclosure. Loyalty, confidentiality and obedience belong to clients.
Related terms
- Client: Under BRRETA, a person who has signed a written brokerage engagement and is therefore owed the full set of duties flowing from it.
- BRRETA: The Brokerage Relationships in Real Estate Transactions Act, the Georgia statute governing how licensees work with buyers and sellers and what duties each is owed.
Drill this in context at practice by topic, or browse the full glossary.