Agency
A listing expires. A buyer who viewed the property during the listing period now wants to purchase directly from the seller. The seller asks the agent to prepare the documents. The agent should:
AA. Prepare the documents since no brokerage relationship exists
BB. Explain the protection period clause and whether a commission is still owed before proceeding✓ Correct
CC. Refuse to have any involvement with the transaction
DD. File a complaint with GREC
Explanation
The agent should explain the listing's protection period provisions to the seller. If the buyer was introduced by the agent during the listing term and the protection period applies, a commission may still be owed.
Related Georgia Agency Questions
- A buyer specifically asks their agent to keep their maximum purchase price confidential. The agent must:
- A buyer's agent who represents the buyer but is paid by the seller through a co-op commission must:
- In Georgia, a buyer signs a 3-month exclusive buyer representation agreement. During this time, may the buyer work with another buyer's agent?
- In Georgia, a real estate agent's authority to bind the seller to a contract requires:
- Under Georgia agency law, a buyer's agent owes fiduciary duties to the:
- A real estate team leader in Georgia who acts as the lead agent for all team transactions is considered:
- A Georgia real estate agent who has 'actual authority' to sign a contract on behalf of a client must have:
- Under BRRETA, an agent's duty to act with 'skill, care, and diligence' requires the agent to:
Practice More Georgia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Georgia Quiz →