1. A real estate broker lists a home for sale for $189,500. Later that same day, a prospective buyer comes into the broker’s office and asks for general information about homes for sale in the $130,000 to $140,000 price range but refuses representation by the broker’s company at this time. Based on these facts can the buyer later contract with the broker for buyer representation? Please state a reason for your answer.

Answer rating: 100% (QA)

Whether a buyer can later contract with the broker for buyer representation depends on various factors including local laws and regulations as well as ... View the full answer