Agency
A Washington seller's listing agreement expires before the property sells. Two weeks later, a buyer who was shown the property during the listing period makes an offer directly to the seller. Under typical listing agreement language, the listing broker may still be entitled to a commission if:
AThe seller is still legally bound to pay because listings never expire
BThe buyer was introduced to the property during the listing period and the listing agreement included a protection/extension clause✓ Correct
CThe buyer used a different buyer's agent
DThe seller rejected the offer
Explanation
Most listing agreements include a 'protection period' or 'holdover clause' that entitles the broker to a commission if, within a specified period after expiration, the seller sells to a buyer who was introduced to the property by the broker during the listing term.
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