Agency
A North Dakota broker offers a 'flat fee' listing service where they list the property on the MLS but provide minimal services. This is:
AIllegal under NDREC rules
BA permissible business model known as limited service brokerage, as long as the scope of services is clearly disclosed✓ Correct
COnly permissible for commercial properties
DConsidered dual agency
Explanation
Limited service or flat fee listing models are permissible in North Dakota as long as the scope of services is clearly disclosed in writing to the seller. The broker remains bound by NDREC rules for the services they do provide.
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