Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
An open buyer agency agreement is option(c) i.e, states that only the broker who actually locates the property the buyer eventually purchases is entitled to the commission.
In an open buyer agency arrangement, no agent is granted exclusivity, and the buyer is free to work with as many agents as she likes to discover the right property. The only agent who is entitled to compensation is the one who found the property that the buyer purchases.
An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place. The duration of the contract, compensation and a description of the kind of home the buyer is looking for are the main components of the buyer-broker agreement.
To know more about agency agreements refer to: https://brainly.com/question/28066390
#SPJ1
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.