What does the TAR Residential Buyer/Tenant Representation Agreement allow the buyer's broker to do?

The TAR Residential Buyer/Tenant Representation Agreement allows the buyer's broker to represent other prospects while still providing services to the buyer who has entered into the agreement. This means that the broker can simultaneously work with multiple clients as long as they do not breach any fiduciary duties or obligations outlined in the agreement.

In the context of real estate, this type of agreement generally establishes a relationship between the buyer and the broker that includes terms like loyalty, confidentiality, and full disclosure, but it does not restrict the broker from working with additional clients in a manner that is compliant with the law and ethical guidelines. Hence, the ability of a broker to represent other prospects underlines the non-exclusivity that can be present unless otherwise specified in the contract.

The other choices do not appropriately reflect the nature of the buyer's representation agreement. Limiting representation to one client or restricting property showings only to one buyer undermines the broker's ability to provide comprehensive market services, and acting solely on behalf of the seller would violate the fundamental duty of the buyer's representation agreement.