"Who represents whom?" is a question that every California licensee must be able to answer in every transaction. This course provides answers to that question as it explores how agency relationships are created and terminated, the fiduciary duties and statutory duties owed to clients and customers, and the potential liabilities that may arise during such relationships. The course also examines the different types of listing agreements and disclosures required by law, and how buyer brokerage and dual agency operate in California.