Agency
In South Dakota, after a listing agreement expires and the property has not sold, which of the following protects the listing broker's commission if the seller sells to someone the broker introduced during the listing period?
AThe listing agreement's automatic renewal clause
BThe 'extender clause' (or 'protection clause' or 'carryover clause') in the listing agreement✓ Correct
CThe South Dakota statute of limitations on contracts
DThe broker's membership in the MLS
Explanation
An extender (protection/carryover) clause in a listing agreement protects the broker's commission rights for a specified period after the listing expires, if the property is sold to a buyer whom the broker introduced during the listing term. This prevents sellers from waiting for the listing to expire and then selling to save the commission.
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