A salesperson preparing a written listing agreement is creating a relationship between which parties?

A salesperson preparing a written listing agreement is creating a relationship between which parties?

• A. salesperson and the listing broker
• B. salesperson's broker and the seller
• C. salesperson and the buyer
• D. salesperson and the seller

Answer: (B)

The choice indicating the relationship being created is correct because a written listing agreement is fundamentally a contract between the seller of a property and the seller's broker. In real estate transactions, the broker represents the seller's interests in the sale, and the salesperson acts as an agent under the broker's authority. The listing agreement outlines the terms and conditions under which the broker will market the property and seek a buyer, thus establishing the formal relationship between the seller and the broker on behalf of the salesperson. In this context, it is essential to understand that while the salesperson is involved in the process, the legal binding agreement is between the seller and the broker. This relationship sets the framework for how the property will be marketed and the duties owed to the seller, including obligations related to pricing, negotiations, and disclosures. The salesperson serves as a representative of the broker, but the contractual obligations are established between the broker and the seller.

The choice indicating the relationship being created is correct because a written listing agreement is fundamentally a contract between the seller of a property and the seller's broker. In real estate transactions, the broker represents the seller's interests in the sale, and the salesperson acts as an agent under the broker's authority. The listing agreement outlines the terms and conditions under which the broker will market the property and seek a buyer, thus establishing the formal relationship between the seller and the broker on behalf of the salesperson.

In this context, it is essential to understand that while the salesperson is involved in the process, the legal binding agreement is between the seller and the broker. This relationship sets the framework for how the property will be marketed and the duties owed to the seller, including obligations related to pricing, negotiations, and disclosures. The salesperson serves as a representative of the broker, but the contractual obligations are established between the broker and the seller.