Agency & LawCâu 37 / 120
Under an 'exclusive right to sell' listing, the broker earns a commission:
a.Regardless of who procures the buyer during the listing period
b.Only if the broker personally finds the buyer
c.Only if the seller finds the buyer
d.Only after the property is rented
Giải thích
An exclusive right to sell listing entitles the broker to a commission if the property sells during the term, no matter who brings the buyer, including the seller. This provides the strongest commission protection for the broker.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- 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:
- 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 '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:
- Which of the following actions by an agent would MOST likely breach the fiduciary duty of loyalty?
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