Contracts
An open listing in Georgia allows:
AOnly one broker to market the property
BMultiple brokers to market the property, with only the one who produces the buyer earning the commission✓ Correct
CThe seller to set the price daily
DAny buyer to purchase without agent representation
Explanation
An open listing allows the seller to work with multiple brokers simultaneously. Only the broker who procures the buyer earns the commission, and the seller retains the right to sell themselves.
Related Georgia Contracts Questions
- Which of the following would make a real estate contract illegal and therefore void in Georgia?
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