When an unrepresented buyer presses the listing licensee for the sellers' bottom line, the MT361 Unit 2 agency relationship brief sorts out who owes loyalty to whom. Searches like "mt 361 unit 2 assignment example", "mt361 unit 2 sample" and "mt361 unit 2 example" land here.
What a finished MT361 Unit 2 agency relationship brief looks like
A three-page memo to the brokerage's managing broker. A facts paragraph comes first: the Harlows signed an exclusive right-to-sell listing with a licensee at composite Birchline Realty; a buyer, unrepresented, attended the open house and asked about price. A bracketed rules box follows, since agency law varies by state: Calder, as the composite is written, permits designated agency and dual agency with informed written consent, and offers a transaction-broker status. The analysis sets the four paths side by side, customer, designated agent, dual agent and transaction broker, with the duties each carries. A short section covers the written buyer agreement required since August 17, 2024 before an MLS participant tours homes with a buyer. The recommendation closes it: designated agency, with a second licensee assigned.
How a MT361 Unit 2 example is structured
Facts, rules, analysis, recommendation, in the order a managing broker reads when a question lands mid-transaction. The rules box is bracketed and labeled composite, because the same facts produce different answers in states that ban dual agency or presume transaction brokerage. Next the brief answers the buyer's question before any options: as the sellers' agent, the licensee owes them confidentiality and cannot reveal their lowest price, while still owing the buyer honesty and disclosure of known material defects. The four paths then follow, each with its fiduciary duties, obedience, loyalty, disclosure, confidentiality, accounting and reasonable care, marked as owed, limited or absent. Dual agency is analyzed for what it removes, full loyalty to either side, not just for its paperwork. The recommendation weighs the buyer's inexperience against the firm's convenience and chooses the path that leaves each party with an advocate.
The question in the driveway
How low would the sellers go? The brief treats it as the moment representation becomes real, and answers it before discussing options: the licensee cannot say, because confidentiality runs to the sellers alone.
A rules box labeled composite
Calder's options are stated in brackets, designated agency, dual agency with written consent and transaction brokerage, with a note that several states prohibit dual agency and others presume a nonagency status. The analysis depends on the box, not on national law.
Four paths, six duties
A grid sets customer status, designated agency, dual agency and transaction brokerage against the six fiduciary duties. Each cell reads owed, limited or not owed, with a footnote wherever Calder's statute changes the default.
The agreement before a tour
Attending an open house needs no agreement, but once a licensee begins touring homes with the buyer, a written agreement stating compensation in specific terms must be signed first, under the practice changes in force since August 17, 2024.
Designated agency, chosen
A second Birchline licensee is assigned to the buyer, with the managing broker supervising both. This, the brief argues, leaves each party an advocate, where dual agency would have left the buyer without one.
Where marks go in MT361 Unit 2
Most MT361 agency briefs are judged on one habit: naming the relationship before giving any advice, because advice that helps the buyer here would betray the sellers the licensee represents. Credit rises when the state's rules are identified, or a composite rule set is labeled and bracketed, rather than one state's law presented as national. Duties earn marks when mapped to each option, not recited as a list. Dual agency discussed without informed written consent, or without saying what loyalty it removes, commonly costs points. Answers that let the licensee hint at the sellers' price, however gently, fail the confidentiality test the scenario is built to set. References to the 2024 practice changes need their date and exact scope, and memo format with a recommendation is expected in many sections.
Get a MT361 Unit 2 example written to your instructions
Who does your Unit 2 scenario put in the room, and which jurisdiction governs it, if any? Pass along the fact pattern, the prompt and the rubric. The free first custom brief comes back within 24-48h, the relationship named before any advice, each duty mapped to each option, and state-specific rules clearly bracketed.
MT361 Unit 2 questions, answered
What does OLD CAR stand for?
It is a common memory aid for the fiduciary duties an agent owes a client: obedience, loyalty, disclosure, confidentiality, accounting and reasonable care. Some states define these duties by statute and modify them, especially for dual or designated agency. Use the aid for structure, but cite your state's statute or your course text for the duties that actually apply.
Is dual agency legal everywhere?
No. Several states prohibit it outright, others permit it only with informed written consent from both parties, and some replace it with transaction brokerage or designated agency. Because the answer changes the analysis completely, name the governing rules in the first paragraph. If the prompt names no state, a labeled composite rule set is a reasonable approach.
What can a listing agent tell an unrepresented buyer?
Facts about the property, including known material defects, and honest answers about the process. What the agent cannot share is confidential information from the sellers, such as their lowest acceptable price or their reasons for selling, unless authorized. Most briefs are graded partly on whether the licensee stays inside that line while still treating the buyer fairly.