Agency
A Nebraska cooperating broker who assists a buyer in a sale where the listing is with another brokerage typically receives compensation through:
ADirect payment from the seller at closing
BA commission split offered through the MLS by the listing broker✓ Correct
CA separate fee agreement signed by the buyer alone
DThe NREC's cooperative compensation fund
Explanation
Cooperating brokers typically receive compensation via the cooperative commission offer made through the MLS by the listing broker. This is considered a unilateral offer to cooperate that the cooperating broker accepts by procuring a buyer.
Related Nebraska Agency Questions
- A Nebraska real estate broker is the agent for the seller. The broker's salesperson represents the buyer. Within the same brokerage, both relationships exist simultaneously. This is called:
- Designated agency in Nebraska means:
- A sub-agency relationship arises when:
- A Nebraska real estate agent who represents neither buyer nor seller but helps facilitate a transaction is called a:
- In Nebraska, a transaction broker provides:
- An agency relationship is most commonly created in Nebraska by:
- In Nebraska, the agency disclosure form must be provided to a client:
- The duty a buyer's agent owes to the seller in a transaction is:
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