Agency
Nebraska's agency law recognizes that a listing agreement creates a 'special agency' for the broker, which means the broker:
AHas broad authority to act for the seller in all matters
BHas limited authority specifically to market and sell the identified property✓ Correct
CCan bind the seller to any agreement without specific authorization
DIs responsible for all of the seller's legal and financial affairs
Explanation
A special (or limited) agency authorizes the broker to act for the seller only for the specific purpose described in the listing — marketing and selling the property. The broker cannot bind the seller to contracts or make unrelated decisions.
Related Nebraska Agency Questions
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