The Dangers of an Exclusive Listing with an Option to Purchase for a Broker

The Dangers of an Exclusive Listing with an Option to Purchase for a Broker somebody

An "exclusive listing" with an "option to purchase" may cause potential problems for the broker. If the broker does not accept offers, they would be violating their "fiduciary duty".


These are questions that the above text answers:

1. What is an "exclusive listing"?
2. What is an "option to purchase"?
3. What potential problems can arise from an "exclusive listing" with an "option to purchase"?
4. What is a broker's "fiduciary duty"?
5. How can a broker violate their "fiduciary duty"?
6. What happens if a broker does not accept offers?
7. What role does a real estate agent play in the process?
8. What are the responsibilities of a real estate agent?
9. What are the dangers of an "exclusive listing" with an "option to purchase" for a broker?
10. How can a broker avoid violating their "fiduciary duty" in relation to an "exclusive listing" with an "option to purchase"?
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