WebAn offer to purchase is given to Broker Mary who has an Exclusive Right To Sell listing agreement with a seller. She.. must disclose all material facts about the property that is know to her When using a Counterproposal form, the client submiting the counterproposal would: sign only the counterproposal WebThe answer is exclusive right to sell listing. In an exclusive right to sell listing, the listing broker receives a commission no matter who sells the listed property during the term of …
CONTRACTS (18) Flashcards Chegg.com
WebApr 15, 2024 · The “exclusive right to sell” and “exclusive agency” are two different types of real estate listing agreements. Exclusive Right to Sell: It provides the agent with the … WebD. exclusive right to sell listing. B. specific performance contract A sales contract in which either party can sue to have the sale completed should the other party default on the contract is called Select one: A. earnest money contract B. specific performance contract C. liquidated damages D. multiple listing contract A. an option. the peak idaho
Exclusive Right to Sell: What Does it Mean in a Listing Agreement?
WebOct 23, 2024 · With an exclusive right to sell listing, any potential buyer has to go through the broker. Even if you have a friend who wants to buy your home, they will need to contact your agent first. As you learn more about real estate terminology, you may come across the phrase “ pocket listing .” WebAnswer: C—Under an Exclusive Authorization and Right to Sell Listing, the listing broker is entitled to a commission if the property sells through the efforts of the broker or any other person. The broker is not required to produce a buyer or be the procuring cause to be entitled to a commission. 2 Q WebThe real estate broker, acting as an agent for a buyer or seller in a real estate transaction under an exclusive right to sell listing agreement with the seller or a buyer representationagreement with a buyer, owes all of the following fiduciary duties to the principal EXCEPT a. obedience and loyalty. b. the peak hotel castleton derbyshire