Agency & LawCâu 36 / 120
A listing agreement that gives one broker the right to sell but allows the seller to sell on their own without owing a commission is a(n):
a.Open listing
b.Net listing
c.Exclusive right to sell listing
d.Exclusive agency listing
Giải thích
Under an exclusive agency listing, one broker is the sole agent, but the seller reserves the right to sell independently without paying a commission. By contrast, an exclusive right to sell earns the broker a commission regardless of who finds the buyer.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Confidential information the agent learns about the principal, such as the seller's willingness to accept less than list price, must generally be:
- The duty of 'accounting' in an agency relationship requires the agent to:
- Placing client or earnest money funds into a broker's personal or general business account instead of a proper trust or escrow account is called:
- Under an 'exclusive right to sell' listing, the broker earns a commission:
- A 'net listing,' where the broker keeps any amount above a price set by the seller, is:
- The concept of 'procuring cause' is most relevant when determining:
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