Chapter 2 of 1525% of exam

Agency Relationships in Maryland

Maryland requires early written disclosure of who a licensee represents and allows dual agency with consent through designated intra-company agents. This chapter explains the disclosure notice and the recognized agency roles.

The Agency Disclosure Notice

Maryland licensees must present the 'Understanding Whom Real Estate Agents Represent' notice at the first scheduled face-to-face contact with a consumer about a specific property. The notice explains the roles of a seller's agent, buyer's agent, dual agent, and subagent, allowing the consumer to understand representation before sharing confidential information. The notice is informational and does not by itself create an agency relationship.

Seller and Buyer Representation

A seller's agent represents the seller and owes fiduciary duties of loyalty, confidentiality, and disclosure to that client; a buyer's agent represents the buyer. In each case the licensee must still treat the other party honestly and disclose known material defects. Written representation agreements define the scope of the relationship and compensation.

Dual Agency and Designated Agents

When the same brokerage represents both buyer and seller, the broker may act as a dual agent only with the written consent of both parties. Maryland allows the broker to designate separate intra-company agents to advocate for each party's interests. A dual agent must not disclose one party's confidential negotiating information to the other, preserving fairness in the transaction.

State-specific details

State exam facts

Exam vendor
PSI
Prelicensing education
60 hours of approved salesperson pre-license education
How many prelicensing hours does Maryland require to become a real estate agent?

Maryland requires 60 hours of Commission-approved salesperson pre-license education before you sit for the state exam.

Who licenses real estate agents in Maryland?

The Maryland Real Estate Commission, within the Department of Labor (formerly DLLR), licenses salespersons and brokers. The Commission uses PSI to deliver the exam.

How is the Maryland salesperson exam structured?

The Maryland salesperson exam is delivered by PSI with a national portion and a Maryland state portion, scored separately; you must pass both. Confirm the current scored-question counts in the PSI Candidate Information Bulletin.

Sources: https://www.dllr.state.md.us/license/mrec/mrecsales.shtml, https://www.psiexams.com/

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