Under an exclusive listing agreement, if the owner revokes and sells the property themselves during the remaining term, the broker is not entitled to a commission.

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Multiple Choice

Under an exclusive listing agreement, if the owner revokes and sells the property themselves during the remaining term, the broker is not entitled to a commission.

Explanation:
In an exclusive listing (often understood as exclusive agency), a broker earns a commission only if the sale is procured by the broker or by someone the broker introduced. The owner keeps the right to sell on their own without owing a commission. If the owner revokes the listing and sells the property themselves during the remaining term, that sale was not procured by the broker, so no commission is due. This differs from an exclusive right-to-sell arrangement, where the broker would be entitled to a commission regardless of who actually sells during the term.

In an exclusive listing (often understood as exclusive agency), a broker earns a commission only if the sale is procured by the broker or by someone the broker introduced. The owner keeps the right to sell on their own without owing a commission. If the owner revokes the listing and sells the property themselves during the remaining term, that sale was not procured by the broker, so no commission is due. This differs from an exclusive right-to-sell arrangement, where the broker would be entitled to a commission regardless of who actually sells during the term.

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