An owner gives ABC Realty an exclusive agency listing for 60 days. Thirty days later the owner finds a buyer and sells the property without the services of ABC Realty. The:

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Social Studies

Holly Moses

31 July, 21:58

An owner gives ABC Realty an exclusive agency listing for 60 days. Thirty days later the owner finds a buyer and sells the property without the services of ABC Realty. The:

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Answers (1)

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Rodney Buck · Answer 1

The owner does not owe a commission to the ABC Realty firm.

Explanation:

Though the owner had given ABC Realty the responsibility to find a buyer for his property, the owner managed to find a buyer on his own way before the stipulated time that had been given to the firm to find a buyer. Hence, because ABC Realty could not find a buyer for the property before the owner himself did, the owner does not owe any commission to the firm for listing his property.