Agency
In NJ, an exclusive right-to-sell listing agreement guarantees the listing broker a commission if:
AOnly if the broker personally finds the buyer
BThe property is sold during the listing term regardless of who procures the buyer, including the seller✓ Correct
COnly if the seller finds the buyer
DOnly if the buyer uses the broker's recommended lender
Explanation
An exclusive right-to-sell listing entitles the listing broker to a commission if the property sells during the listing period regardless of who procures the buyer—even if the seller finds a buyer independently.
Related New Jersey Agency Questions
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