Listing Agreements: Main Features and Parties

What type of service agreement is granted to a single broker and requires a written contract with an expiration date?

In a net listing agreement, what happens with the sale proceeds?

What must be included in a limited services agreement?

Which party negotiates compensation in real estate transactions?

What are some causes for termination of agreements in real estate transactions?

In an open listing agreement, who receives the commission?

What do buyer agency agreements create between the buyer and representative?

What power do clients hold in terms of revoking listings?

In the context of agent performance, what tasks are agents allowed to delegate?

Which type of listing is discouraged and may even be illegal due to its structure?

What is a main feature of listing agreements?

Who acts as a fiduciary for the listing broker's client?

What are the responsibilities of a salesperson in the broker-agent relationship?

In which type of agreement is the broker prohibited from contracting for the client without explicit authorization?

Which party in a transaction is a non-fiduciary principal?

What kind of listings must be written to be enforced in some states?

Which party is responsible for actions performed by brokers within their scope of authority?

What kind of contract is an oral listing?

What is the employment status of a salesperson in the broker-agent relationship?

How are commissions paid to agents typically structured?

What are the main features of listing agreements?

What type of relationship does a listing broker have with either buyer or seller clients?

What are the obligations of a client in a fiduciary relationship?

What is the status of a salesperson in the broker-agent relationship?

What type of contract is an oral listing according to the text?

In a limited agency agreement, what is the broker prohibited from doing without explicit authorization?

What does a subagent do in the context of a real estate transaction?

What type of duties does a customer have in a transaction?

What are the scope of authority for the agent according to the text?

What do clients become responsible for?

What type of service agreement is granted to a single broker and requires a written contract with an expiration date?

In a net listing, what happens with the sale proceeds?

Which type of listing is discouraged and may even be illegal due to its structure?

What power do clients hold in terms of revoking listings?

In which type of agreement is the broker prohibited from contracting for the client without explicit authorization?

What must be included in a limited services agreement?

What is the primary responsibility of an agent when it comes to verifying data?

Which party negotiates compensation in real estate transactions?

In which type of service agreement is the broker granted exclusive rights but the owner can also sell without commission obligation?

What type of agency agreement creates a fiduciary relationship between the buyer and representative?