Check Your Understanding Answers
- What is the best way to end agency?
By successfully closing the deal
- Generally, is it possible to collect a commission after the listing expires?
After the listing expires, if no extension is given, the listing broker would not be able to collect a commission.
- What might sellers do if they are not happy with the progress the agent is making in showing and selling their home?
They can request the listing be revoked.
- With the death of the owner, what happens to the listing agreement?
It dies as well, canceling the agency agreement.
-
