ContractsCâu 58 / 100
A listing agreement in which the broker earns a commission regardless of who sells the property, even the owner, is a(n):
a.Exclusive right to sell listing
b.Open listing
c.Exclusive agency listing
d.Net listing
Giải thích
Under an exclusive right to sell listing, the listed broker earns the commission no matter who procures the buyer, including the owner. In an exclusive agency listing, the owner can sell it themselves without owing commission. An open listing lets multiple brokers compete, with only the procuring broker paid.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A 'time is of the essence' clause in a contract means that:
- If a buyer breaches a real estate contract, a liquidated damages clause typically allows the seller to:
- An option contract gives the optionee:
- In an exclusive agency listing, the seller may avoid paying the broker's commission if:
- A net listing, which is discouraged or restricted in many states, is one where the broker's commission is:
- Specific performance is a legal remedy in which a court orders:
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