In South Australia, an exclusive agency agreement expires. Ten days later the vendor sells to a buyer the agent introduced during the agency. The agreement has the usual clause about sales after expiry. What is the likely outcome?
Correct Answer
D) The agent may claim full commission under the post-expiry clause for buyers it introduced
Most exclusive agency agreements contain protection period clauses that entitle the agent to commission if a sale occurs within a specified timeframe after expiry to a buyer introduced during the agency period, protecting the agent's investment in marketing and buyer cultivation.
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