Agency
In Montana, a broker who represents a seller under an exclusive right-to-sell listing is entitled to a commission if the property sells:
AOnly through the MLS
BWhether sold by the listing broker, a cooperating broker, the seller, or anyone else during the listing period✓ Correct
COnly if the listing broker procures the buyer
DOnly if the sale price is within 5% of the list price
Explanation
Under an exclusive right-to-sell listing in Montana, the listing broker earns a commission regardless of who procures the buyer—whether it's the listing broker, a cooperating broker, or even the seller finding their own buyer. This is the strongest form of listing agreement for the broker.
Related Montana Agency Questions
- In Montana, a seller's agent who receives confidential information from the buyer during negotiations (such as the buyer's maximum price) must:
- A Montana listing broker who is approached by a potential buyer inquiring about the property should at first contact:
- In Montana, a buyer's agent who is also showing their buyer a property that they personally have a financial interest in must:
- In Montana, a 'general agent' has authority to:
- In Montana, when an agent represents a buyer in a transaction, the seller's agent knows which party the buyer's agent represents. This arrangement is called:
- In Montana, designated agency allows:
- In Montana, a listing agreement that provides compensation to the broker if the property is sold 'by anyone' during the listing period is called a(n):
- When does a listing agency agreement typically terminate?
Practice More Montana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Montana Quiz →