A seller approaches a broker about listing her property. The broker determines that the property is listed with ABC Realty, another company. The broker
a. has broker Rule E-13 (sign crossing) and may be investigated
b. may list the property after the current listing expires
c. must tell the seller that, because she has a binding contract with ABC, the broker cannot talk to her now
d. can take the listing and start marketing it now because the seller is dissatisfied
Answer: b. may list the property after the current listing expires
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Which of the following involves setting prices based on a rival firm's strategies, costs, prices, and market offerings?
A) target return pricing B) good-value pricing C) competitor value-added pricing D) market-based pricing E) competition-based pricing
Which of the following is not true about property risks?
A) They can cause financial harm to the firm. B) They encompass tangible and intangible property. C) They do not include the reputation of a firm. D) They also refer to damage to the property of others.