Contracts
A Wyoming real estate listing that expires without a sale, and the seller re-lists with the same broker, should be documented with:
AThe original listing agreement extended indefinitely
BA new listing agreement with updated terms, dates, and signatures✓ Correct
COnly a verbal agreement to continue the listing
DA note in the MLS extending the listing period
Explanation
When a listing expires and the seller wants to continue working with the same broker, a new listing agreement should be signed. This ensures clear documentation of the current terms, commission rate, listing period, and expectations.
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