New Mexico License Law
Under New Mexico rules, the listing broker's commission is earned when:
AThe listing agreement is signed
BThe qualifying broker is the procuring cause of a ready, willing, and able buyer who purchases on the seller's terms✓ Correct
CThe buyer submits an offer
DThe property is placed on the MLS
Explanation
Commission is typically earned when the broker produces a ready, willing, and able buyer who enters into a contract on terms acceptable to the seller, or as otherwise specified in the listing agreement.
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