A licensee at ABC Realty has a listing to sell a property. The listing will not expire for 70 more days. If the licensee decides to move licenses to QRS Realty, what is the status of the listing

While it is true that the licensee may not qualify for the commission if they move to another brokerage, this statement is overly absolute. If the licensee were to remain with ABC Realty until the deal is closed, they could earn a commission. The statement does not consider the possibility of the licensee completing the sale before their departure.

This choice misrepresents the nature of real estate listings. A listing is tied to the brokerage firm, not the individual agent. Therefore, the licensee cannot claim the commission automatically if they move to another firm; the commission rights are retained by ABC Realty.

This option is incorrect because the listing cannot simply be transferred to another brokerage without the consent of the original firm, ABC Realty. The licensee must adhere to the contract and policies of their current firm regarding any listings they hold.