Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Exercise 7

According to most listing contracts, a broker has earned a commission when:
A) A contract for sale is signed by the buyer.
B) The transaction closes.
C) The broker finds a buyer who is ready, willing, and able to buy on the terms specified in the listing contract.
D) The seller signs a listing contract.
E) The broker sends a bill for services rendered to the principal (usually the seller).