Oregon License Law
Under Oregon law, which of the following describes an 'exclusive agency' listing?
AOnly the listing broker may find a buyer, even if the seller finds one themselves
BThe listing broker earns a commission if anyone other than the seller procures the buyer✓ Correct
CNo other broker may show the property during the listing period
DThe listing is only valid in one county
Explanation
An exclusive agency listing gives the listing broker the exclusive right to represent the seller, but the seller retains the right to sell the property themselves without owing a commission. If the seller finds their own buyer, no commission is owed. This differs from an exclusive right to sell listing.
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