If a seller revokes a listing agreement after signing, what is true?

When a seller revokes a listing agreement after it has been signed, the broker may have a legitimate claim for marketing expenses that were incurred during the period the property was listed. This is because, although the seller has the right to cancel the agreement, the broker often invests time and resources into marketing the property. These expenses can include advertising costs, professional photography, and other promotional activities designed to sell the property.

In many listing agreements, there are terms and conditions that outline what happens in the event of early termination, and it is common for brokers to seek compensation for costs incurred as a result of the agreement. This is designed to protect the broker's interests and compensate them for their efforts.

Other choices do not correctly reflect the legal and professional standards applicable in real estate transactions. The seller does indeed have the right to revoke the listing, thus the notion that they cannot do so is inaccurate. The property does not automatically revert to a public listing status without further action on part of the seller, and there are typically consequences associated with cancellation, contrary to the claim that there would be none.