Question

Agent Louisa has shown some out-of-town buyers homes all weekend. Sunday evening they write an offer, which is accepted by the seller. On Tuesday, ABC Relocation Company calls and requests a 25% referral fee, as the buyer works for a company they represent. Which of the following would prevent them from receiving the requested fee?

a) They are licensed in another state.
b) Louisa has an exclusive buyer agency agreement with the buyers.
c) Louisa's company has no written relocation agreement with them.
d) The buyer requests that they not be paid.

Answer 1

The answer that would prevent ABC Relocation Company from receiving the requested fee is option b) Louisa has an exclusive buyer agency agreement with the buyers.

Step-by-step explanation:

In this scenario, the answer that would prevent ABC Relocation Company from receiving the requested fee is option b) Louisa has an exclusive buyer agency agreement with the buyers. An exclusive buyer agency agreement means that Louisa is the exclusive agent representing the buyers in their home search. The referral fee would not apply in this case because the buyers were already working with Louisa and did not use ABC Relocation Company as their agent.

Options a), c), and d) are not relevant to this situation. Being licensed in another state or not having a written relocation agreement does not necessarily impact the referral fee. Additionally, the buyer's request to not be paid does not prevent ABC Relocation Company from receiving the fee.