Business, 13.07.2021 15:10, dsaefong00

A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring payment of a six percent commission to the real estate agent. If shortly thereafter, but before the agent has time to do anything to sell the property, the owner surprisingly finds a couple who purchases it for $400,000, the homeowner: a. must pay a commission of $12,000, but is entitled to retain the other half because he or she found the buyer.
b. must pay a commission of $24,000 to the listing agent.
c. is not obligated to pay a commission.
d. is not obligated to pay a commission, unless the agent has placed the listing in the local multiple-listing service.

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A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring paym...