Final answer:
Under an exclusive agency agreement, an agent is not owed commission if the seller successfully sells their house without the agent's involvement.
Step-by-step explanation:
Exclusive Agency Agreement and Agent Compensation
Under an exclusive agency agreement, if the seller sells their house without the involvement of the agent, the answer to whether the agent still gets paid is False. An exclusive agency listing allows sellers to sell their home by themselves. However, if the property is sold through any external efforts such as another agent bringing the buyer, the exclusive agent is entitled to a commission. The idea behind this type of agreement is that the seller can attempt to sell the property on their own and avoid paying a commission, but if the agent is instrumental in finding a buyer, they are compensated for their services.
The answer to the question is False. Under the exclusive agency agreement, if the seller sells their house without the agent involved, the agent does not get paid. In an exclusive agency agreement, the seller agrees to work exclusively with one real estate agent for a specified period. If the seller sells the house without the agent's involvement, they are considered to have breached the agreement, and the agent does not receive a commission.