David Saks: October 2009

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 384

                                                             #384

Under an open listing and an exclusive agency listing agreement the seller can avoid having to pay the broker a commission if the seller sells to property to a buyer not presented to the seller by the broker.

Is this true or false ?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. True

The open listing and the exclusive-agency listing agreement allow the seller to retain the right to sell the property without having to pay a commission to the broker if the seller sells the property to someone other than an interested buyer presented to the seller by the broker.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • October 26 2009 04:17AM
Real Estate Practice : Lesson 384
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#384 Under an open listing and an exclusive agency listing agreement the seller can avoid having to pay the broker a commission if the seller sells to property to a buyer not… more
Real Estate Practice : Lesson 383
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#383 A listing agreement stated that it will expire on June 18th, 2009. If the owner dies on June 15th the owner's death will effectively terminate the listing agreement. Is… more
Real Estate Practice : Lesson 382
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#382 When we consider the likenesses inherent in an exclusive-right-to-sell listing and an exclusive-agency listing the seller has the right to allow any agent to show the property. &… more
Real Estate Practice : Lesson 381
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#381 When a listing is taken by an agent and the brokerage the listing is generally considered to be one which is an employment agreement for services carried out between the seller… more
Real Estate Practice : Lesson 380
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#380 When a broker creates a relationship between himself / herself and the seller this type of relationship is known as implied agency Is this true or false Take your time. The… more
Real Estate Practice : Lesson 379
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#379 When we consider the term fiduciary when we're talking about a real estate transaction we're always talking about the person that has the legal authority to act in the absence of on… more
Real Estate Practice : Lesson 378
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#378 When a home was constructed, each room of the house was preassembled at a factory before being driven to and unloaded at the construction site. After the preassembled materials were in… more
Real Estate Practice : Lesson 377
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#377 A medical building owner wanted to convert the building into residential property and sell individual units in the building once the conversion had been completed. When a building is… more
Real Estate Practice : Lesson 376
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#376 Some of the costs and expenses that have to be considered are the recurrent taxes on personal property. Is this true or false Please take your time. The solution is posted… more
Real Estate Practice : Lesson 375
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#375 When the owner of the property signs an agreement allowing the tenant that signs the agreement to occupy, use and possess the property for a period of only six months the owner and the… more