Agency
A Massachusetts buyer signs an exclusive buyer agency agreement. The agent then finds a suitable home and the buyer refuses to purchase. The agent is entitled to:
ANo compensation because the buyer did not complete the purchase
BCompensation only if the agent found the property independently
CCompensation according to the terms of the buyer agency agreement✓ Correct
DCompensation from the seller's broker automatically
Explanation
Under an exclusive buyer agency agreement, the agent may be entitled to compensation per the agreement's terms even if the buyer refuses to complete a purchase, depending on the specific contract language.
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