Agency
When a broker's listing expires without a sale, and the property later sells to a buyer who was introduced to the property during the listing period, the original listing broker may still be entitled to a commission if:
AThe new contract uses the same purchase price as the original listing
BThe listing agreement includes a 'safety clause' or 'protection clause' covering that buyer✓ Correct
CThe new broker agrees to split the commission
DIDFPR approves the post-expiration commission
Explanation
A safety clause (or protection/extender clause) in a listing agreement provides that if the property sells to a buyer who was introduced to or negotiated with the seller during the listing period, the original broker is entitled to a commission for a specified period after the listing expires. This protects the broker from sellers who wait out the listing to avoid paying a commission.
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