Virginia Real Estate License Law Practice Test

When an agent leaves one broker for another without an agreement, the listings that the agent holds typically stay with the broker unless there is a specific agreement that states otherwise. This is rooted in the principle that when an agent lists a property under a brokerage, the brokerage holds the right to represent that listing. The agent acts as a representative of the brokerage, and the brokerage has the contractual relationship with the seller.

In the absence of an agreement that grants the agent the rights to take the listings with them, those listings remain under the control of the original broker. This ensures that the broker retains their business interests and the ability to continue managing those listings, which is crucial for maintaining a stable and professional business environment.

Moreover, this principle is designed to protect consumers as well, ensuring that their property listings are managed and represented by a licensed broker who has a duty to the seller. Thus, in typical circumstances, when an agent departs, the listings remain in the hands of the broker unless formally agreed otherwise, aligning with established real estate practices and legal frameworks.