Real Estate Exam [National] 55, Designated Agency Explained

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • How designated agency differs from traditional dual agency in terms of advocacy. • The specific fiduciary duties preserved for clients in a designated agency setup. • The role of the supervising broker as a neutral dual agent and supervisor. • Key exam traps regarding confidentiality and the sharing of information within a firm. • The legal requirement for informed written consent from both the buyer and seller. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep