Question

After a sellers listing agreement with abc realty expires what restrictions exist if the seller decides to list with a different agency and abc realty has an interested buyer?

A) No restrictions apply; the seller is free to list with any agency.
B) The seller can only list with another agency if ABC Realty gives explicit permission.
C) The seller must wait for a specified period before listing with another agency.
D) The seller can only list with another agency if the interested buyer declines to make an offer.

Answer 1

After a listing agreement with ABC Realty expires, the seller is generally free to list with any agency without restrictions.

Step-by-step explanation:

After a seller's listing agreement with ABC Realty expires, they are generally free to list with any agency without any restrictions. This means that if ABC Realty has an interested buyer, the seller can choose to list with a different agency if they so desire. It is important for both buyers and sellers to be able to act independently and enter or leave the market whenever they choose.