Under the Florida listing agreement, when is the broker entitled to compensation if a ready, willing, and able buyer meets seller's requirements?

• A. Only if the sale closes.
• B. Only if the seller consents to the buyer.
• C. When a ready, willing, and able buyer meets seller's requirements, whether or not sale is consummated.
• D. Never if no sale occurs.

Answer: (C)

In Florida, a broker earns the commission under a listing agreement as soon as a ready, willing, and able buyer appears who meets the seller’s stated terms, even if the sale never closes. This means the broker’s compensation is tied to bringing forward a buyer who is prepared to perform and accepts the seller’s price and conditions. If such a buyer is found and the terms are met, the broker has earned the fee through having produced a qualifying buyer, regardless of whether the transaction ultimately closes. The sale not closing due to financing or other factors outside the broker’s control does not negate that earned entitlement under the listing agreement.