Hawaii Real Estate State Practice Exam

In Hawaii, while it is highly recommended to utilize a buyer agency agreement to formalize the relationship between a real estate agent and a buyer, it is not mandatory. This means that there is no legal requirement for an agent to always have a buyer agency agreement in place when representing a buyer. The relationship can often be established verbally, and agents can work with buyers without a signed agreement. However, having a written agreement can help clarify expectations and obligations for both parties. Therefore, it is valid to say that a buyer agency agreement is not required, as there are no legal repercussions for proceeding without one.

This understanding emphasizes the flexibility agents have in their representation of buyers, which is important in the context of Hawaii’s real estate practices.