Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

John is an agent working for XYZ Realty. He met a buyer at an open house and the next day brought them to the office

image text in transcribed
John is an agent working for XYZ Realty. He met a buyer at an open house and the next day brought them to the office to have a buyer's consult. Together they signed a buyer's agency contract and began searching for homes. Two months in to the search, the buyers inform John that they have purchased a home. Would John be entitled to commission based upon procuring cause? * a. Yes, because he has a buyer's agency agreement in place, he will get commission b. Yes, because from the start it was implied that he was the agent, therefore, he must get paid c. No, because he did not directly show them the house, create the sale agreement, and negotiate terms d. No, because he did not have a buyer's agency contract in place at the time of purchase O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Design Implementation And Audit Of Occupational Health And Safety Management Systems

Authors: Ron C. McKinnon

1st Edition

1032571039, 978-1032571034

More Books

Students also viewed these Accounting questions

Question

Summarize the types of choice processes consumers engage in?

Answered: 1 week ago