2. a. The most proper meaning of the real estate industry term "Broker's Open House" is A showing of a listed property t
Posted: Thu May 19, 2022 6:47 am
2. a. The most proper meaning of the real estate industry term "Broker's Open House" is A showing of a listed property to an individual potential buyer or to a group of potential buyers. b. A broker's tour of a listed property for the real estate salesperson who will act as the "listing agent" in that broker's sale of the property. A showing of a property to real estate industry professionals - including salespersons in the broker's own office, other brokers and salespersons working for other brokers, agents for lenders, and contractors usually excluding members of the general public. d. A listing of a home that does not specify a particular "listing broker" or "listing agent," but instead will obligate the seller to pay a commission to any broker that promotes a successful sale of the residence. C.