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A licensee lists a property using as approved ...

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A licensee lists a property using as approved Exclusive-Right-to-Sell Listing Contract, shows the property to a potential buyer, and provides that buyer's name to the seller in writing. After the listing expires, the seller's list exclusively with another broker. The buyers return to the original listing agent to prepare an offer on the property. If they buy, who is legally entitled to the commission?

a. Original listing agent, because it is within the holdover period.

b. Original listing agent, because he or she is the procuring cause of the sale.

c. The new listing broker earns the listing side only.

d. The new listing broker earns it all and may agree to split it with the original listing broker.
Submitted: 9 years ago.
Category: Homework
Expert:  The Professor replied 9 years ago.

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