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QUESTION 29 The agreement between the brokers regarding the amount to be paid by the listing broker to the selling broker is a contractual agreement
QUESTION 29 The agreement between the brokers regarding the amount to be paid by the listing broker to the selling broker is a contractual agreement contained in the Agreement between Brokers (frequently in the MLS) Listing Agreement Sales Contract Buyer/Tenant Representation Agreement QUESTION 30 Bob Seller received an offer from John Bradley. Bob Seller reviews the offer with his agent and decides to send back a response with additional terms or changes he would like John Bradley to consider. Bob SelleI's agent contacts John Bradley's agent with the terms. This is called a counteroffer consideration multiple offers an accepted offer QUESTION 31 For a contract to be considered legally binding and enforceable, the agreement must include which of the following elements? All of the answers listed Competent parties and consideration Mutual agreement and lawful Objective Must be in writing, signed by all parties, and contain a legal description
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