Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is true regarding an exclusive agency listing? The seller must pay the broker his or her commission irrespective of who found

image text in transcribed
Which of the following is true regarding an exclusive agency listing? The seller must pay the broker his or her commission irrespective of who found the buyer. The seller has the right to sell the property himself or herself without being obligated to pay the broker a commission. The broker has the exclusive right to sell the property for a specified period of time. The broker operating under this listing is entitled to a commission only if he or she was the first to find an able buyer

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

Financial And Managerial Accounting For School Administrators Tools For School

Authors: Ronald E. Everett, Donald R. Johnson, Bernard W. Madden

1st Edition

1578865816, 978-1578865819

More Books

Students also viewed these Accounting questions

Question

Identify five strategies to prevent workplace bullying.

Answered: 1 week ago