David Saks: April 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 84

                                                             business

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

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • April 02 2009 06:10PM
Real Estate Practice : Lesson 84
share
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… more
Real Estate Practice : Lesson 83
share
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 this… more
Real Estate Practice : Lesson 88
share
When the government decides to take over the ownership of a piece of real estate for public use this right of the government to take the real estate is known as the monopoly of real… more
Real Estate Practice : Lesson 82
share
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 81
share
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 and… more
Real Estate Practice : Lesson 80
share
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 79
share
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 behalf… more
Real Estate Practice : Lesson 78
share
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 place… more
Real Estate Practice : Lesson 77
share
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 76
share
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