answersLogoWhite

0


Best Answer

The listing broker is contracted to the seller, is an agent of the seller and owes fiduciuary responsibility to the seller.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: To whom does the listing broker owe direct fiduciary responsibility?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does a futures trading broker do?

A futures trading broker has the responsibility of offering direct to pit trades that take place online. They offer updates, commodity trading and information on the options at hand.


When a realtor terminates with a broker can the broker keep your buyers?

It comes down to the contract between the Realtor and the brokerage plus any contracts that might be still in force between the clients (buyers and seller) and the brokerage. The personal relationship that exists between the Realtor and the clients is normally strong enough so that the clients follow the Realtor when they change shop. Assuming no existing contract for a current listing or buyer's broker agreement then there will be no ties back to the broker. The broker is free to market to the people and to otherwise compete for their future business. The Realtor has no direct hold on the clients. The Broker is entitled to retain any and all listings, at least until the listing expires.


Which type of responsibility relates to a formal assignment of property responsibility to soldiers?

Types of responsibility to a formal assignment responsibility to soldiers are supervisory, direct and custodial responsibility. Also there is direct responsibility.


Can a real estate salesperson receive direct payment for bpo s with broker approval?

Yes, with broker approval.


Can a broker be both a broker and reinsurance broker?

Are you pertaining to being both a direct insurance and reinsurance broker at the same time? It probably depends on the Insurance Laws in your country. In the Philippines, you can be both a direct insurance and reinsurance broker. There's just a higher paid-up capital required for the composite license.


How is a real estate broker different from a real estate agent in California?

A real estate "agent" is licensed to practice real estate, but only under the direct supervision of a broker. Without a broker to oversee their activities and take responsibility for their actions a real estate agent is not allowed to practice. There is a trick of language here though, and it has to do with Agency Law. By law, an agent is a person who acts on behalf of someone else. A real estate broker is also called a real estate agent. This is because they are acting as an agent for the buyer or seller in a transaction. So the broker has the legal title of "broker" generally and the title of agent in relation to his or her client. A real estate agent working under a broker is an agent only to the broker, the broker is agent to the client.


Is Bell Direct a reliable online stock broker?

"Yes, Bell Direct is a reliable online stock broker. They have the best value with $15 trades, by being number one in customer service, and by offering free research of the market."


What is responsibility of command?

A Command is made up of leaders, and so there responsibility is to command - to lead, to direct.


What arguments on social responsibility states that there is no direct line of responsibility for social actions?

dilution of purpose


What is command responsibility?

A Command is made up of leaders, and so there responsibility is to command - to lead, to direct.


How does binary options affiliate program work?

Its related to broker's traffic buying system. If you are a affiliate and if you direct traffic to brokers platform or website, you will be awarded rewards by broker.


Which type of responsibility relates to a formal assignment of property responsibility to soldiers within the supply chain that have the property within ther custody but not necessaritly for their use?

Custodial responsibility relates to a formal assignment of responsibility of products to soldiers for which they have custody but not necessarily their use.