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gtnhenbr [62]
3 years ago
13

Janice wants to sell her townhome, and her neighbor is considering buying it. While waiting to find out if her neighbor is going

to buy, Janice wants to market her home and receive the best representation possible. What type of listing agreement will save Janice the cost of a commission if her neighbor does ultimately decide to buy
Business
1 answer:
Finger [1]3 years ago
8 0

Answer:

An exclusive agency agreement will save Janice the cost of a commission.

Explanation:

An exclusive agency is an agreement between a seller and a real estate agent which grants the agent the right to be the only authorized agent to market and sell a property. However, the seller retains the right to sell the property independently of the agent, in which case, no commission is payable to the agent.

In the given scenario, Janice wants to market her home and receive the best representation possible. Hence, she requires the services of an agent in order to do so. However, Janice would want to retain the right to be able to sell the property on her own. This way, if her neighbor does ultimately decide to buy the property, Janice can simply sell it to the neighbor without having to pay any commission to her agent.  

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Tammy's take-home pay is $800 a month. 7% of her take-home pay is spent on her cell phone bill. how much is tammy's monthly cell
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3 0
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Franktown Meats just announced that they are increasing the annual dividend to $1.75 and establishing a policy whereby the dividend will increase by 2% annually thereafter. One share of this stock be worth six years from now is $15.77 if the required rate of return is 14.5%

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A company prepares its income statement by listing all sources of revenues and gains at the top, followed by a list of all expen
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The single step income statement is the simplest form in which an income statement is prepared, e.g.

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Income before taxes                         $20

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