Under the terms of a multiple listing agreement, if a broker other than the listing broker sells the property, the seller may be responsible for paying two commissions.

Name: Under the terms of a multiple listing agreement, if a broker other than the listing broker sells the property, the seller may be responsible for paying two commissions.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

The seller will be responsible for only one commission as agreed upon in the listing but the listing broker will have to share it with the cooperating broker.

Under the Terms of a Multiple Listing Agreement, If a Broker