Which of the following best defines an exclusive agency listing:
a. The broker is dealing with a single client and has a shirred of being paid a commission when the property sells.
b. If the owner sells his property to his own customer on his own efforts, he does not owe the listing broker a commission.
c. If the owner has attempted to sell the property on his own for a certain period of time, and has one of his previous contacts buy the property, the broker is entitled to only half of the commission.
d. The listing is not between just the seller and the broker, but between the brokers entire agency of licensees.
Answer: b. If the owner sells his property to his own customer on his own efforts, he does not owe the listing broker a commission.
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