A California salesperson obtains a listing from a friend who wants to sell their home. The salesperson leaves the brokerage and joins a different brokerage two months later. Under California law, who retains the listing?
Correct Answer
D) The original brokerage keeps it; the listing is between the seller and the broker
A listing agreement runs to the broker, not to the salesperson who happened to sign it up. When the salesperson leaves, the listing stays where the contract put it. Other choices: personally obtaining the listing does not make it the salesperson's property; nothing voids it; and the seller does not get to move it unilaterally, though the seller and the original broker may of course agree to cancel.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
More Laws Of Agency Fiduciary Duties Questions
Under California law, the agency disclosure requirements apply to which types of property?
Under California law, when must a buyer's agent give the agency disclosure form to the buyer?
A broker who fails to promptly disclose their dual agency status is subject to:
A broker’s fiduciary obligation to protect a seller’s confidential information continues:
A broker has an exclusive agency listing on a property. If the owner sells the property, the broker is entitled to:
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