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Which of the Following Statements Is True of an Exclusive

Question 20

Multiple Choice

Which of the following statements is true of an exclusive agency listing?


A) The broker has the exclusive right to sell the property for a specified period of time.
B) The broker operating under this listing is entitled to a commission only if he or she was the first to find an able buyer.
C) The seller has the right to sell the property himself or herself without being obligated to pay the broker a commission.
D) The seller must pay the broker his or her commission irrespective of who found the buyer.

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