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Chapter 3.4.
Types of listing
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Learning outcomes of this chapter:
Differentiate the various types of “listing” and its importance.
Perform duties and exercise rights knowledgeably in open listing and exclusive listing.
Related Multiple Choice Questions
Which type of agency agreement restricts the principal to work with only one agent for selling or leasing their property?
What is the main difference between exclusive and non-exclusive agency agreements?
How can an agency relationship be legally created in Singapore’s real estate industry?
What is an essential duty of a real estate agent towards their principal?
Which of the following is NOT a required element of non-exclusive prescribed estate agency agreements?
What does the Duty to Disclose involve in real estate transactions?
What is a key element of a lease that distinguishes it from a license in Singapore real estate?
What is expected of salespersons under the Standard of Care for Salespersons?
What is the implication of an agent's misrepresentation in a property transaction?
An agent's duty to their principal includes all of the following EXCEPT:
What is the key element of a lease that differs from room rental agreements?
In Singapore real estate, a 'trust of land' primarily separates:
What determines an agent's entitlement to a commission in a real estate transaction?
What does the concept of 'effective cause' refer to in real estate transactions?
Who can be held responsible under Vicarious Liability in real estate transactions?