Question 52

The broker is entitled to compensation even if the buyer purchases a property that they locate.

During the term of the exclusive buyer agency agreement, the broker has a right to be compensated irrespective of whether the buyer finds the property independently or through the broker's assistance.

A) must be compensated by the seller.

This option is incorrect because the compensation structure in a buyer agency agreement typically stipulates that the buyer, rather than the seller, is responsible for compensating the broker for their services, regardless of the source of the property.

B) is only due compensation if the buyer purchases one of the broker's listings.

This is incorrect as well. The broker's entitlement to compensation is not limited to transactions involving their own listings. The agreement ensures the broker is compensated regardless of the source of the property purchased by the buyer.

C) is entitled to compensation even if the buyer purchases a property that they locate.

This option is correct. The exclusive buyer agency agreement ensures that the broker is entitled to compensation for their services during the agreement period, regardless of whether the buyer finds the property on their own.

D) may not show a property to other buyers until the buyer decides if they want to make an offer.

This option is incorrect. An exclusive buyer agency agreement does not restrict the broker from working with other clients or showing properties to other buyers. The broker can engage with multiple clients unless otherwise specified in the agreement.

Conclusion

The correct answer is that the broker is entitled to compensation even if the buyer purchases a property that they locate, which reflects the nature of exclusive buyer agency agreements. Other options fail because they either misrepresent the compensation structure or inaccurately depict the broker's rights to work with other clients during the agreement period.