Question

A property listing taken by a real estate sales associate is technically an employment agreement between the seller and

A. the broker
B. the local multiple listing service
C. the sales associate
D. the sales associate and broker together

Answer 1

A property listing is an employment agreement between the seller and the broker; the sales associate represents the broker.

Step-by-step explanation:

A property listing taken by a real estate sales associate is technically an employment agreement between the seller and the broker. This agreement authorizes the broker to act as the seller's agent and to sell the property on their behalf. The sales associate works for the broker and is the broker's representative in the transaction, but the primary legal relationship established by the listing is between the seller and the broker. It is the broker's responsibility to market the property and to handle negotiations with potential buyers, adhering to all relevant laws and regulations.