Ace Your Real Estate CE Test 2025 – Elevate Your Expertise and Close with Confidence!

A single agent in a real estate transaction is defined as a professional who exclusively represents the interests of one party, whether that be the buyer or the seller. This role entails a fiduciary duty, which means the agent must prioritize their client’s best interests above all else and maintain confidentiality regarding their client's information.

The option indicating that a single agent may work with the other party under a non-representative status is accurate because it acknowledges that while the agent represents one side, they can still interact with the other party for purposes such as facilitating communication, but without the obligation to advocate for them. This typically happens in transactions where the agent is working in a capacity that does not involve representation, like providing general information or guidance without taking sides.

In contrast, the other options suggest misconceptions about the role of a single agent. For instance, asserting that they cannot work with the other party limits the agent's ability to facilitate the transaction effectively, which is not the case. The statement about exclusively representing their client at all times lacks clarity because a single agent still engages with other parties under certain conditions as mentioned. Lastly, they are not prohibited from disclosing all client information; agents must keep certain details confidential but can share general information necessary for the transaction’s progress.