Texas Crammer Practice Exam

When a broker lists a property, which factor does not affect their commission?

1. The seller's final sale price

2. The number of showings conducted

3. The terms of the listing agreement

4. The buyer's funding source

The correct answer is: The buyer's funding source

The buyer's funding source does not affect a broker's commission because the commission is typically agreed upon in the listing agreement between the broker and the seller. This agreement specifies how much the broker will earn based on the final sale price of the property, regardless of how the buyer is financing their purchase. Factors such as the seller's final sale price, the terms outlined in the listing agreement, and the number of showings can all influence the commission, either directly or indirectly. However, the source of the buyer's funds — whether they are paying cash, using a conventional loan, or obtaining financing through another method — is generally irrelevant to the broker's agreed-upon compensation. Thus, it remains outside the parameters that influence a broker’s commission structure.