Agency
When does an agency relationship typically terminate in a listing agreement?
AWhen the property goes under contract
BUpon expiration of the listing period or mutual agreement✓ Correct
CWhen the first showing occurs
DWhen the MLS listing is posted
Explanation
An agency relationship created by a listing agreement terminates upon: expiration of the listing period, mutual agreement, completion of the purpose (closing), death or incapacity of either party, or destruction of the property.
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