Final answer:
A seller indicates their choice for multiple representation with designated agency in the section of the WB-1 Residential Listing Contract dedicated to agency relationships. This selection should be made carefully and with a clear understanding of the implications of such a choice.
Step-by-step explanation:
In the WB-1 Residential Listing Contract, a seller would indicate their choice of multiple representation with designated agency usually in a specific section dedicated to agency relationships.
This part of the contract outlines the terms of the brokerage engagement, and it is here that the seller will have the option to consent to multiple representation and designate their preferences regarding agency.
It is critical for the seller to read this section carefully and mark their preference clearly, ensuring that it aligns with their comfort level concerning representation and that they fully understand the implications of a multiple representation situation with designated agents.
Precisely where this option is located within the contract may vary depending on the state and the specific form in use, so it is advisable to consult with a real estate professional or attorney when filling out this section.