BC Real Estate Trading Services Licensing Exam Practice · Question
Under what circumstance can a real estate licensee advertise a property for sale without a signed listing agreement?
A licensee can advertise a property they own without a listing agreement, but must disclose their ownership. For other properties, a written listing agreement i
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Question: Under what circumstance can a real estate licensee advertise a property for sale without a signed listing agreement?
Answer options:
- If they have a verbal agreement with the seller to list the property.
- Never, a signed listing agreement is always required. ✅ If they are the registered owner of the property.
- If a co-listing agent has the signed agreement.
Correct answer: If they are the registered owner of the property.
Explanation: A licensee can advertise a property they own without a listing agreement, but must disclose their ownership. For other properties, a written listing agreement is mandatory before advertising.
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Question explanations
- A developer, Grandview Developments Ltd., plans to build a new condominium project in Kelowna. They register a
- Michael, a real estate licensee, is assisting his client Jane in purchasing a commercial property at 123 Main
- A buyer, David, has entered into a Contract of Purchase and Sale for a vacant lot in Tofino. David's lawyer di
- Maria is purchasing a unit in a newly constructed strata building in Squamish. Her real estate licensee, Ken,
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