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Trina's property is listed with Avalon Homes. The market is a little slow, and Trina's listing is a high-end home, where sales are even slower. She's had several showings, but no offers. The term of the listing agreement is nearly over. What happens when the termination date is reached?- The listing expires and is automatically terminated. - Trina can't extend the listing agreement, so she'll have to list with another brokerage firm. - Trina owes Avalon whatever compensation was noted in the listing agreement. - Trina's agent may still try to sell the property.
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