In the commission section of the listing contract, what does the seller agree to pay?

In the commission section of the listing contract, what does the seller agree to pay?

• A. A commission only if the property is sold
• B. A commission even if the seller refuses to sell
• C. Half the commission if the sale falls through
• D. No commission if the buyer is secured through another broker

Answer: (B)

In the commission section of the listing contract, the seller agrees to pay a commission even if the seller refuses to sell. This provision indicates that the seller is obligated to compensate the broker for their services regardless of the outcome of the sale process. The commission is typically based on the broker's efforts and the agreement made in the listing contract, rather than solely on the final sale of the property. This means that the broker has provided their expertise and market access in an attempt to make a sale, establishing a right to commission payment under the terms of the contract. The other choices do not accurately reflect the typical obligations set out in a listing contract. Commissions are not contingent solely upon the completion of a sale, as the seller’s agreement to pay is generally unconditional based on the performance or services of the broker.

In the commission section of the listing contract, the seller agrees to pay a commission even if the seller refuses to sell. This provision indicates that the seller is obligated to compensate the broker for their services regardless of the outcome of the sale process. The commission is typically based on the broker's efforts and the agreement made in the listing contract, rather than solely on the final sale of the property. This means that the broker has provided their expertise and market access in an attempt to make a sale, establishing a right to commission payment under the terms of the contract.

The other choices do not accurately reflect the typical obligations set out in a listing contract. Commissions are not contingent solely upon the completion of a sale, as the seller’s agreement to pay is generally unconditional based on the performance or services of the broker.