Contracts
When does an exclusive listing agreement in Wyoming typically become binding?
AWhen the listing is entered into the MLS
BWhen the broker finds a potential buyer
CWhen both the broker and the seller have signed the listing agreement✓ Correct
DWhen the WREC approves the listing
Explanation
A listing agreement is a contract between the seller and the broker. It becomes binding when both parties have signed (mutual assent/acceptance). MLS entry, buyer identification, and WREC approval are not required for the listing contract to be formed.
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