In an exclusive agency buyer agreement, the licensee is entitled to compensation if:

• A. The buyer locates the property themselves
• B. Anyone other than the buyer locates the property
• C. The seller pays all commissions
• D. The buyer's licensee locates the property

Answer: (B)

In an exclusive agency buyer agreement, the licensee earns a commission only when the property is located by someone other than the buyer. If the buyer does the locating themselves, the licensee generally isn’t owed a fee. So the best statement is that compensation occurs when anyone other than the buyer locates the property, because that is precisely the triggering condition for the broker’s fee under this type of agreement. This covers cases where the licensee or another agent locates the property, but it does not apply if the buyer finds it on their own. The other scenarios aren’t the rule that determines when the licensee gets paid in this arrangement.