Agency
A Minnesota buyer's agent shows homes to a couple for six weeks. The couple then purchases a home directly from a seller using a different agent. The buyer's agent can recover a commission if there is a:
AVerbal promise to use their services
BSigned buyer representation agreement with a commission clause✓ Correct
CMLS membership showing the agent's work
DWritten log of all showings conducted
Explanation
Without a signed buyer representation agreement, a buyer's agent has no legal right to a commission. Minnesota agents who work with buyers should always obtain a signed buyer representation agreement that specifies the agent's compensation rights.
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