If a broker's listing on a property has expired and the property is listed with another broker, what should the first broker inform a potential show agent?

If a broker's listing on a property has expired and the property is listed with another broker, what should the first broker inform a potential show agent?

• A. They can still show the property
• B. They must contact the seller first
• C. They are no longer the listing agent
• D. They can provide keys, but must be compensated

Answer: (C)

The first broker should inform a potential showing agent that they are no longer the listing agent. This is crucial because once the listing has expired, the first broker has no legal or contractual rights to represent the property. Their role and authority over the property have ended, and they cannot act as the agent for the owner in any capacity regarding that property. Understanding this helps maintain professionalism within the real estate community and ensures that potential buyers or agents are aware of the current representation status. This clarification is essential to avoid any confusion about who has the right to negotiate or interact with prospective buyers regarding the property in question. It also protects the interests of the seller, who has since engaged a new broker to handle the listing.

The first broker should inform a potential showing agent that they are no longer the listing agent. This is crucial because once the listing has expired, the first broker has no legal or contractual rights to represent the property. Their role and authority over the property have ended, and they cannot act as the agent for the owner in any capacity regarding that property.

Understanding this helps maintain professionalism within the real estate community and ensures that potential buyers or agents are aware of the current representation status. This clarification is essential to avoid any confusion about who has the right to negotiate or interact with prospective buyers regarding the property in question. It also protects the interests of the seller, who has since engaged a new broker to handle the listing.