Agency
Which of the following best describes the 'procuring cause' standard used to determine who earns a real estate commission in Vermont?
AWhichever agent first showed the property receives the commission
BThe agent whose efforts were the uninterrupted series of events that led to the ultimate sale is the procuring cause✓ Correct
CCommission is always split equally between all agents involved
DThe VREC determines commission disputes
Explanation
Procuring cause refers to the agent whose continuous, uninterrupted efforts directly led to the completed sale. Vermont commission disputes between agents are typically resolved through the local Board of Realtors' arbitration panel using the procuring cause standard.
Related Vermont Agency Questions
- In Vermont, undisclosed dual agency is:
- An agency relationship terminates automatically when:
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- When a Vermont agent presents a low offer to a seller they represent, their duty is to:
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