Definition: A listing-contract objective requiring the broker to produce a purchaser meeting the agreement's stated requirements, often described as ready, willing, and able.
Example
A broker produces a buyer who is ready, willing, and financially able to purchase on the authorized terms.
Keep the distinction clear
Finding a qualifying purchaser and completing a sale are different events. The agreement and applicable law determine when compensation is earned and payable.
Related terms
Ready, Willing, and Able · Effect a Sale · Listing Agreement
Keep studying
References: FREC Course II syllabus, Session 11
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