An agent has an exclusive agency agreement that expires on Friday. On Saturday, the owner sells the property privately to a buyer who first inspected during the agency period. What is the agent's entitlement to commission?
Correct Answer
D) Commission only if the agreement has a clause covering buyers the agent introduced
The agent's entitlement depends on whether the agency agreement contains a protection or tail clause covering sales to buyers introduced during the agency period. Without such a clause, the agent typically has no claim once the agreement expires, regardless of when the buyer was first introduced.
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