What happens to Broker Jones' listings when he switches to Chehalis Realty?

Prepare for the Washington Advanced Real Estate Exam. Utilize flashcards and multiple choice questions with explanations to increase your understanding and improve your chances of success. Study efficiently and excel in your exam!

When a broker switches companies, the listings they have worked on typically remain with the original brokerage firm unless specific actions are taken. In general, real estate listings are considered the property of the brokerage, not the individual broker. This means that when Broker Jones transitions from Mt. Rainier Real Estate to Chehalis Realty, the listings he managed while at Mt. Rainier would still be tied to that brokerage firm.

In such circumstances, it is expected that if Broker Jones wishes to take those listings with him, he would need to coordinate with both his former and new brokerage to handle the necessary paperwork, which often involves obtaining consent from the sellers associated with those listings. Thus, the answer reflects the standard industry practice regarding real estate listings and the relationships involved between brokers and their respective firms.

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