An owner gives Ace Realty an exclusive right to sell listing for 90 days. Thirty days later the owner finds a buyer and sells the property without the services of Ace Realty. The:

Question

Quizplus · Accepted Answer

An exclusive right to sell listing means that the brokerage (Ace Realty in this case) is owed a commission regardless of who finds the buyer, including if the owner finds the buyer themselves.

An Owner Gives Ace Realty an Exclusive Right to Sell