What type of agency relationship is formed when a real estate agent represents a seller?

When a real estate agent represents a seller, a listing agency relationship is established. This type of relationship specifically acknowledges the agent's fiduciary duty to the seller, which includes loyalty, confidentiality, obedience, disclosure, and accounting. This arrangement is formally documented through a listing agreement, where the agent is empowered to act on behalf of the seller to market their property and negotiate on their behalf.

In the context of other agency types, a buyer agency relationship occurs when an agent represents a buyer in a transaction. A transactional agency relationship is neutral and typically does not represent either party in a fiduciary capacity but facilitates the transaction. Dual agency involves an agent representing both the buyer and the seller, which can lead to potential conflicts of interest. Listing agency distinctly focuses on serving the interests of the seller, making the choice of listing agency relationship the appropriate and correct answer.