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Under an exclusive right-to-sell listing agreement in Oregon, when does the broker earn a commission?

Correct Answer

B) Regardless of who finds the buyer, including the seller themselves

Under an exclusive right-to-sell listing in Oregon, the broker earns a commission no matter who procures the buyer — including the seller themselves. This is the defining characteristic that distinguishes it from an exclusive agency listing, where the seller can find their own buyer without owing a commission.

Answer Options
A
Only when the broker personally finds and introduces the buyer to the seller
B
Regardless of who finds the buyer, including the seller themselves
C
Only when the property sells at or above the listed price
D
Only when the transaction closes within the first six months of the listing

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Related Topics & Key Terms

Related Topics:

exclusive agency listingopen listingnet listingprocuring causeOregon listing agreement requirementssafety clause

Key Terms:

exclusive right-to-selllisting agreementprocuring causecommissionexclusive agencyOregon listing

Related Concepts

An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.

The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.

The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.

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