Under which of the following circumstances would the client and agent most likely mutually agree to terminate a listing?

Study for the CAS 45-Hour Real Estate Principles Course Test. Utilize flashcards and multiple choice questions to prepare thoroughly. Each question is paired with hints and explanations. Get ready to excel in your exam!

The mutual agreement to terminate a listing is often founded on a fundamental breakdown in communication or strategy between the client and the agent regarding the property. When the client and agent cannot come to a consensus on critical aspects such as pricing, marketing strategies, and maintenance decisions, it indicates that their visions for the sale of the property are misaligned. This discord can lead to the client feeling unrepresented or dissatisfied with the agent's approach, prompting both parties to agree that it would be best to terminate the listing rather than continue on an unproductive path.

In situations where a client finds a buyer independently, they might feel empowered to proceed without the agent, but this typically wouldn't lead to a mutual termination since the agent might still be entitled to a commission if they were involved in the sale. If the client decides to take the property off the market, that’s a unilateral decision on the client's part, which may not necessarily involve negotiation or mutual agreement. Lastly, if the agent has another client with a similar property, it poses a potential conflict of interest but would not generally lead to a mutual agreement to terminate, as the agent could still manage both listings or handle the situation ethically rather than terminating the existing agreement. Therefore, the moment when the client and agent cannot agree

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