Agency
A Connecticut buyer's agent helps their client during a transaction that ultimately falls through due to the seller's default. The buyer's agent's commission:
AIs automatically paid by the seller
BMay be owed depending on the listing agreement and whether the buyer was ready, willing, and able to close✓ Correct
CIs never owed when a transaction fails to close
DIs paid from the escrow account automatically
Explanation
A broker typically earns a commission when they produce a ready, willing, and able buyer who meets all contract terms. If the seller defaults and prevents the closing, the seller may owe the broker a commission. Whether the buyer's agent receives compensation depends on the co-brokerage arrangements.
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