A seller enters into an exclusive right-to-sell listing with an agent but does not receive a copy of the signed agreement. The seller, believing this relieves them of any obligations, personally sells the property while the listing is in effect. What is the outcome?
a. The listing is invalid and the broker is liable to be disciplined.
b. The broker did nothing wrong.
c. The listing is valid and enforceable, but the broker is liable to be disciplined.
d. The broker may be disciplined only if they accept the commission.
Answer: c. The listing is valid and enforceable, but the broker is liable to be disciplined.
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Going-rate pricing is immune to changes arising from perceived future cost increases
Indicate whether the statement is true or false