Question

A broker may discuss and negotiate the tems upon which to take a future listing or, alternatively, may take a listing to become effective upon expiration of any existing exclusive listing when:

Answer 1

The broker is contacted by the current seller

Step-by-step explanation:

A broker is a body that can either be a single person or a firm that acts as an intermediary between the seller and the buyer. It performs the role of an agent who helps in the selling of a product from a seller to a specific buyer. It helps in facilitating a common ground where the seller and the buyer can reach for their specific purposes. The discussions and negotiations about the listings can be done when the broker is contracted by the current seller respectively.