A client wishes to sell a large industrial building. He is willing to let you list the property but is unwilling to you the exclusive right of sale listing (just in case he sells it himself). He is willing to give you an exclusive agency listing. a. What should you do? Should you accept such a listing from this client? b. What provisions, if any, would you include in the listing contract to give yourself some protection?
2. Explain why there occurred numerous experimental or innovative approaches to residential real estate brokerage in the United States in the years following 2000.
3. Explain one insight from the article, “The Costs of Free Entry: An Empirical Study of Real Estate Agents in Greater Boston,” which can be found in the articles folder.
4. How would real estate change if a flat fee was charged for each deal as opposed to the current percentage commissions?