Agency
When does an Oregon listing agency relationship with a seller automatically terminate?
AWhen the property goes under contract
BWhen the listing broker dies✓ Correct
CWhen the selling broker changes companies
DOnly when the seller revokes the listing in writing
Explanation
Agency relationships terminate automatically upon the death of the principal or agent (broker). Other events that terminate agency include expiration of the listing period, completion of the purpose, mutual agreement, and incapacity.
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