Register
When you have an exclusive contract with a real estate agent, what does the contract entails you?
107k views
2 votes
When you have an exclusive contract with a real estate agent, what does the contract entails you?

User Phil Tune
by
4.2k points

2 Answers

3 votes

Answer:

work with only that agent

Step-by-step explanation:

Exclusive contract is for specific agent

User Gart
by
3.9k points
2 votes

Answer:

Under this type of agreement, the real estate agent's commission is guaranteed.

Step-by-step explanation:

An exclusive agency contract means that the seller must pay the agent a commission no matter who sells the property, unless the person that closes the sale is the seller himself/herself. If any other agent closes the sale, the original agent must still be paid.

User MattSenter
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Link Copied!