Virginia State Real Estate Exam Practice Question
Because of the buyer's exclusive agency agreement, if the buyers purchase through a different licensee at an open house, which is true?
Correct Answer: B
Rationale: In an exclusive agency agreement, the buyer's agent has a contractual right to a commission if the buyer purchases a property, regardless of whether they find it through another licensee. Thus, the original buyer's agent is owed a commission per the agreement (Option B).
Option A is incorrect because the seller typically pays the commission to the listing agent, not directly to the buyer's agent in this scenario.
Option C is also wrong, as the buyer's agent retains entitlement to a commission, affirming their role in the transaction, even if a different licensee facilitated the purchase.
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