Agency
Under an exclusive agency listing, the seller retains the right to:
AList with multiple brokers simultaneously
BSell the property themselves without paying a commission✓ Correct
CTerminate the listing at any time without cause
DSet the commission rate after the sale
Explanation
Under an exclusive agency listing, the seller grants one broker exclusivity but retains the right to sell the property themselves. If the seller finds their own buyer without the broker's assistance, no commission is owed.
Related California Agency Questions
- A buyer's agent discovers that a home has significant foundation problems not disclosed by the seller. What is the agent's duty?
- In an exclusive right-to-sell listing, the broker earns a commission if:
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- What is 'ratification' in the context of agency law?
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- An agent who acts beyond the scope of their authority may be liable for:
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