Seller Weiss signs a 60-day exclusive agency listing with Broker Hanada. After 30 days, Hanada has not sold the home and Weiss notifies Hanada in writing that he is canceling the listing. One week later, Weiss signs open listing agreements with several other brokers. Two weeks later, one of those brokers sells the house. Under these circumstances, Weiss likely:
A. owes a commission only to Hanada
B. owes a commission to the broker under the open listing
C. owes commissions to both Hanada and the broker under the open listing
D. owes no commission
Answer: C. owes commissions to both Hanada and the broker under the open listing
Explanation: Under the terms of an exclusive agency listing, the broker is entitled to the commission if anyone other than the seller finds a buyer for the property during the listing period. The seller can revoke the broker's agency authority but can't unilaterally terminate the listing contract, so Weiss is required to pay Hanada's commission. Under the terms of the open listing, Weiss also owes a commission to the broker who was the procuring cause of the sale.
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