Business, 31.07.2020 22:01 demarley3093

A real estate professional has an exclusive right to sell listing on a building. The owner is out of town when the real estate professional gets an offer from a buyer to purchase the building, providing the seller agrees to take back a mortgage. The buyer must have a commitment from the seller before the seller is scheduled to return to the city. Under these circumstances, the:. a. real estate professional may enter into a binding agreement on behalf of the seller.
b. real estate professional may collect a commission even if the transaction falls through because of the seller's absence from the city.
c. buyer is obligated to keep the offer open until the seller returns.
d. real estate professional must obtain the signature of the seller to affect a contract.

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