Kentucky License Law
A Kentucky licensee who assists a buyer in purchasing a For Sale by Owner (FSBO) property without a listing agreement may still earn compensation by:
AFiling a lien on the property after closing
BHaving a written buyer agency agreement with the buyer✓ Correct
CSending the FSBO seller an invoice after closing
DApplying to KREC for a special FSBO authorization
Explanation
A licensee can be compensated for assisting a buyer in purchasing a FSBO property if there is a written buyer agency agreement specifying how the agent will be compensated. The compensation may come from the buyer directly or be negotiated with the seller.
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