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Which is a requirement for a broker with an open listing

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Reference no: EM132821429

Problem 1: The seller responded to the buyers offer, proposing changes to some of the terms. In this case, the seller would be the:

a) offeree giving counteroffer

b) offeror giving counteroffer

c) offeror giving an amended offer

d) offeree giving an amended offer

Problem 2: In order to collect a commission, which of the following is a REQUIREMENT for a broker with an open listing?

A) the broker must put the listing on MLS

B) the listing must have a protection clause

C) the broker or one of his licensees must be the procuring cause for the sale

D) the broker must notify any other broker with an open listing on the property of the sale within 2 days after acceptance of an offer

Reference no: EM132821429

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