A Greensboro broker is preparing an exam-prep note on buyer agency agreements and the written-agreement deadline. Which statement best applies under current North Carolina law?
Correct Answer
C) North Carolina permits a broker to work with a buyer on an oral basis initially, but any buyer agency agreement must be express, in writing, and signed no later than the time an offer is made.
North Carolina permits a broker to work with a buyer on an oral basis initially, but any buyer agency agreement must be express, in writing, and signed no later than the time an offer is made.
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