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Chapter 12: Real estate brokerage Know three types of list contract and their differences Know the definition of fiduciary relationship (COALDS) Know the relationship between

Chapter 12: Real estate brokerage

Know three types of list contract and their differences Know the definition of fiduciary relationship (COALDS) Know the relationship between the target net price, the sales price and commission rate Understand the agency relationship (universal, general, special) Understand the issues of dual agency and how to mitigate the conflict of interest

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