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4 Cards in this Set
- Front
- Back
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Which contract establishes an agency relationship between the property owner as principal (client) and the brokerage as agent? |
Listing Contract |
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An employement agreement that obligates the property owner to pay the commision to the listing brokerage regardless of who made the sale is known as.. |
exclusive right to sell |
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An employment agreement where only one brokerage is hired by the owner, but the owner can sell his property without incurring obligations to pay a commission is called |
exclusive agency |
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A salesman was told his brokerage commission was too high. He responded by saying that everyone charges the same. Which law did he violate? |
Federal Anti-trust laws |
