Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Real Estate Licensing Maryland-Real-Estate-Salesperson Exam - Topic 13 Question 15 Discussion

In order for you to earn compensation for brokerage activities, you must be employed as the agent of the client. How is this employment accomplished?
C) The client must make an express, written agreement to pay a commission to your broker.
A) The client can make a verbal agreement with you.
B) The client must be a buyer.
D) You must express an interest in representing the client.

Real Estate Licensing Maryland-Real-Estate-Salesperson Exam - Topic 13 Question 15 Discussion

Actual exam question for Real Estate Licensing's Maryland-Real-Estate-Salesperson exam
Question #: 15
Topic #: 13
[All Maryland-Real-Estate-Salesperson Questions]

In order for you to earn compensation for brokerage activities, you must be employed as the agent of the client. How is this employment accomplished?

Show Suggested Answer Hide Answer
Suggested Answer: C

Comprehensive and Detailed Explanation:

In Maryland, a real estate licensee may only perform brokerage services and be entitled to compensation when a written brokerage agreement exists between the client and the broker.

This agreement must clearly state the broker's duties, compensation terms, and representation type (buyer, seller, or dual).

Verbal agreements are insufficient to establish an enforceable right to a commission.


Contribute your Thoughts:

0/2000 characters
Solange
2 hours ago
I’m a bit confused about whether the client needs to be a buyer or if it’s just about having a written agreement. I guess I’ll have to think this one through!
upvoted 0 times
...
Glendora
5 days ago
I feel like I read something about verbal agreements being insufficient for compensation. So, I'm leaning towards option C too, but I could be wrong.
upvoted 0 times
...
Fidelia
10 days ago
I think I came across a similar question where the emphasis was on the need for a written contract. It seems like C might be the right choice here.
upvoted 0 times
...
Cory
16 days ago
I remember studying that a written agreement is usually required for compensation, but I'm not entirely sure if it has to be express.
upvoted 0 times
...

Save Cancel