# Real Estate Exam [Texas] 11, Seller's Agent vs Buyer's Agent Page: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-11-seller-s-agent-vs-buyer-s-agent Text version: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-11-seller-s-agent-vs-buyer-s-agent.md Podcast: [Real Estate Exam Prep](https://stenobird.com/podcast/real-estate-exam-prep-7644240) Published: 2026-04-26T00:21:14+00:00 Episode link: https://open-exam-prep.com/ Audio file: https://episodes.captivate.fm/episode/e831b7ca-b07d-4f83-a5bd-6b000cf9adaa.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-texas-11-seller-s-agent-vs-buyer-s-agent Duration seconds: 195 ## Resource 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. In this episode you will learn: - In Texas, a single agency relationship means an agent owes fiduciary duties, remembered by the acronym OLDCAR, exclusively to their client (either the seller or the buyer). - The duties owed to a customer (the other party) are limited to honesty, fairness, and the disclosure of all known material facts about the property. - Subagency is not the default relationship in Texas; an agent working with a buyer is expected to represent the buyer, which must be formalized in writing. - Agency relationships are created by express written agreements, and a written agreement is required in Texas before a residential buyer can be shown property. - A common exam trap is confusing the duty of confidentiality to a client (e.g., their financial motivation) with the mandatory duty to disclose material property defects to a customer. 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 ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-texas-11-seller-s-agent-vs-buyer-s-agent/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-11-seller-s-agent-vs-buyer-s-agent.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.