A WA vendor's written appointment of the agent was signed two days after the agent started marketing the property. What does the Act say about the agent's commission?
Correct Answer
B) The agent has no entitlement; the appointment had to be signed before the services began
Under the WA Act an agent is not entitled to any commission, reward or valuable consideration unless they hold a valid written appointment, signed by the client before the services are rendered. Money in the trust account may only be withdrawn for the purposes of the transaction or as authorised by the Act or by the person entitled to it.
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