CAPTER 6 Flashcards
1
Q
A TYPE OF LISTING WHEN ONLY THE BROKER WHO BRINGS A BUYER EARNS A COMMISSION, THE SELLER RETAINS THE RIGHT TO SELL
A
OPEN LISTING
2
Q
A COMPENSATION AGREEMENT WHERE THE COMMISSION AMOUNT IS ANYTHING ABOVE THE NET AMOUNT TO THE SELLER
A
NET LISTING
3
Q
A TYPE OF LISTING WHERE THE BROKER EARNS A COMMISSION REGARDLESS OF WHO PROCURES A BUYER
A
EXCLUSIVE RIGHT TO SELL
4
Q
A TYPE OF LISTING WHERE THE BROKER EARNS A COMMISSION UNLESS THE SELLER FINDS A BUYER
A
EXCLUSIVE AGENCY LISTING
5
Q
THE BROKER IS A AGENT FOR THE BUYER
A
BUYER AGENCY AGREEMENT
