Agency (alternative)
In Maryland, a seller who fires their listing agent before the listing expires must still pay a commission if:
AThe home remains unsold
BThe agent had procured a ready, willing, and able buyer before termination✓ Correct
CThe seller re-lists with a different agent
DThe listing period was more than 90 days
Explanation
If a listing agent had procured a ready, willing, and able buyer before the seller terminated the agreement, the seller may still owe the commission per the listing agreement terms.
Related Maryland Agency (alternative) Questions
- In Maryland, which form of agency creates the highest potential for conflict of interest?
- Under Maryland's transaction brokerage model (non-agency), the facilitator:
- When a Maryland agent refers a client to a related home inspection company and receives a fee, RESPA requires:
- In Maryland, a listing agent who earns additional compensation from a buyer's lender for referring the buyer's business without disclosure is:
- A Maryland sub-agent of the seller discovers during a showing that the buyer is planning to demolish the home and build a larger one. The sub-agent should:
- In Maryland, an agent who acts as a buyer's agent without a signed buyer-broker agreement:
- A Maryland listing agent who knows the septic system is at or near capacity should:
- A Maryland real estate firm where one agent listed a property and another showed the same property to a buyer they represent — without in-house agency disclosure — may have violated:
Practice More Maryland Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maryland Quiz →