82. Which of the following describes a contract where a buyer enters into a buyer agency agreement that also gives him the right to enter into agency contracts with other agents?
a. Exclusive-right-to-buy buyer agency contract
b. Open buyer agency contract
c. Designated buyer agency contract
d. Exclusive-agency buyer agency contract

Respuesta :

D.  Exclusive-agency buyer agency contract describes a contract where a buyer enters into a buyer agency agreement that also gives him the right to enter into agency contracts with other agents

A legal agreement known as a "Exclusive Agency Agreement" between a real estate company and a house seller gives the company the exclusive right to market and sell the property. In other words, this contract grants the real estate agent the authority to market the property alone.

Contrast this with an exclusive right of sale agreement, which forbids the seller from continuing to market and sell the property without receiving a commission.

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