A Listing Agreement Could Be Terminated By All Except

Leases may also include a brokerage protection clause that entitles the broker to a commission if the property is sold to a buyer introduced by the broker within a specified period after the expiry of the listing contract. If the broker offers a contract that does not have an expiration date, the broker`s real estate license can be suspended or revoked in most states. A clear list indicates that the seller receives a predetermined amount of money from the sale of the property, while the rest goes to the real estate agent….