Agency
An exclusive agency listing in Nebraska means the seller:
ACannot sell the property without paying a commission regardless of who sells it
BCan sell the property themselves without owing a commission but owes a commission if any broker sells it✓ Correct
CHas given the broker exclusive authority to negotiate on their behalf
DMust work with the same broker for all future transactions
Explanation
Under an exclusive agency listing, the broker has the exclusive right to represent the seller, but the seller retains the right to sell the property themselves without paying a commission. The commission is due only if the broker (or another broker) produces the buyer.
Related Nebraska Agency Questions
- Nebraska's agency law requires that a buyer's agent who is aware their buyer has committed to buying the property (highly motivated) must:
- Under Nebraska agency law, when a licensee acts as a transaction broker, the licensee:
- In Nebraska, the agency disclosure form must be provided to a client:
- Ratification of an unauthorized act by an agent occurs when:
- An agency relationship is most commonly created in Nebraska by:
- Undisclosed dual agency is illegal because it:
- The duty of confidentiality in an agency relationship requires the agent to:
- In Nebraska, a transaction broker provides:
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →