false. No one has a duty of loyalty to anyone.
The question asks 'What is sole selling agent. - it relates to one individual or group and no other. That is the sole selling agent
Actually 'selling insurance products' is a misconceived notion.Insurance products are not sold, but purchased, because it is only after much persuration that the prospect agrees to buy the policy, where the toil of the agent plays the pivotal role.
what does loyalty and commitment on the job mean
yes.
an agent secures a contract on behalf of the principle and the principle agrees to it
Yes. As long as it sells... at any price, until the listing agreement expires (and then some) they make $. They don't even have to be the selling agent.
The selling agent represents the buyer (he/she sells the house).The advantage in working with a selling agent is that they have buyers. One of those buyers may be interested in buying your house.
True
When an agent is hired to represent his/her client an agency relationship is formed whereby the agent owes the client fiduciary duties, that include, loyalty, obedience and confidentiality.
they are 2 names for the same thing.
The cast of Loyalty - 2013 includes: Alfonso Perugini as Wolf Kexu Song as Tiger Tushar Tyagi as The Cia agent
This amount may vary in places, but the total comission is usually 6% of the sale price of the house. There are also other variables involved. For example, let's say there is a listing agent (the real estate agent who listed the property), a selling agent (the real estate agent who sold the property) and the broker under whom both agents work. In this case, the listing agent would get 2% of the total sale price, as would the selling agent and the broker. If the listing agent and selling agent are the same person, they would received 4% comission, and the broker 2% of the sales price. If the broker is also the listing and selling agent, then s/he gets the full 6% comission.