#386

Under a listing contract a broker commits himself or herself to an obligation to work for both the seller and the buyer and render faithful service to both parties.

Is this true or false ?

Take your time. The solution is posted below the royalty free wildlife photo.

wildlife

A. False.

A listing contract is an employment contract for the services to be provided by a broker.

Working for both the seller and buyer is dual agency.

 
Posted by David Saks - Broker on 11/02/2009 02:00 AM   Comments (0)   Theory and Practice in the ActiveRain Channel   theory and practice  
Originally posted at: David Saks: Real Estate Practice : Lesson 386
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David Saks - Broker

Memphis, TN

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The Real Estate Mart of Tennessee, Inc.

Address: 4040 North Watkins, Suite #4, Memphis, TN, 38127

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"Owning a home should never have to be "just a dream" for anyone. The responsibility of every real estate agent is to make home ownership a right & reality, in conformance with fairness, the principles of sound ethical judgement, justice & the laws of our nation".
David Saks - Broker
The Real Estate Mart of Tennessee


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