Broker Lee lists a property and the seller instructs Lee to withhold the listing from the MLS. Under Texas law and MLS rules, what should Lee do?
Correct Answer
C) Honor the seller's instruction and market the property through other channels without MLS entry
The seller has the right to direct how their property is marketed, including withholding it from the MLS. While MLS entry is typically recommended, the seller's lawful instruction to not use the MLS must be honored.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created by a clear, explicit agreement between the principal and agent, either orally or in writing.
The highest legal obligation of trust and confidence owed by an agent to their principal, requiring the agent to act solely in the principal's best interest.
An agency relationship where the agent agrees to act on behalf of the principal without receiving compensation.
More Texas Agency Law Questions
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In Texas, a sales agent who is assigned by the intermediary broker to communicate with and carry out instructions of one party in a transaction is known as a(n):
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