Under Ohio law, buyer's agent Anna represents client Brad. Brad's exclusive buyer agency agreement specifies a 3% commission. Brad finds a property where the listing brokerage offers only 2.5% to buyer's agents. What happens regarding Anna's compensation?
Correct Answer
C) Anna may seek the 0.5% difference from Brad as specified in the buyer agency agreement
Under Ohio law, the buyer agency agreement governs the compensation terms between Anna and Brad. If the listing brokerage offers less than the agreed commission, Anna may seek the shortfall from Brad as specified in their agreement.
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