A buyer and broker enter into a 3-month exclusive buyer agency agreement. With regard to the broker's right to be compensated and to work with other clients, this means that during the term of this agreement, the broker

This statement is incorrect because the broker's compensation in an exclusive buyer agency agreement typically comes from the buyer, not the seller. While brokers can negotiate seller compensation in certain scenarios, the agreement itself does not mandate that the seller must compensate the broker during the term of the agreement.

This choice is misleading as it suggests that compensation is limited to instances where the buyer purchases a property from the broker's listings. In reality, the broker is entitled to compensation for any successful transaction facilitated by their agency, regardless of whether the property is one they represent.

This option is incorrect because it misinterprets the exclusivity of the agreement. The broker can continue to work with other clients and show properties to other buyers. The exclusive nature of the agreement primarily concerns the relationship between the broker and the buyer, not the broker's ability to engage with the market.