Miguel is a new broker for Imperial Realty. Dissatisfied with the lack of mentoring he is received, he decides to work for millennium real estate instead, and has his license transferred. At the time of the switch, he had listed two properties. What happened to the his listings?
A. Miguel cannot keep the listings they belonged to Imperial Realty
B. Miguel can keep the listings they belong to him
C. The commission must be divided on a pro-rata basis between Imperial and Millennium
D. The listing will stay with Imperial Realty but when the property's sell Imperial will still compensate Miguel directly
Answer: A. Miguel cannot keep the listings they belonged to Imperial Realty
You might also like to view...
Which of the following are associated with bear markets? I. investor pessimism II. rising profits III. economic slowdown IV. rising security prices
A) I and III only B) II and III only C) I, II and III only D) II, III and IV only
Asking "but-not" questions is a useful tool for identifying the cause of problems
Indicate whether the statement is true or false