Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell

Question

Marina CMI [18]

2 years ago

11

Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell

their home, the Harpers have agreed to pay Desmond a commission. What type of agreement do Desmond and the Harpers have

Business

1 answer:

aev [14] · Answer 1 · 2023-09-02T05:54:02+03:00

A bilateral agreement is the type of agreement that Desmond and the Harpers had.

<h3>What is a bilateral agreement?</h3>

This refers to an agreement enforced by a negotiations between two parties that is established in writing and signed by representatives of the parties.

Hence, as Desmond has a signed listing agreement with his clients and Harpers have agreed to pay Desmond a commission, then, a bilateral agreement has occured.