An owner refuses an offer, even though it is exactly in accordance with a valid Exclusive Right-to-Sell listing; the:

The correct answer, indicating that the listing broker may be entitled to a commission, is based on the terms of an Exclusive Right-to-Sell listing agreement. This type of agreement ensures that the broker earns a commission if the property is sold during the term of the listing, regardless of who finds the buyer.

In this situation, since the owner has received an offer that aligns precisely with the terms outlined in the listing, the broker is justified in claiming entitlement to the commission. The rationale rests on the premise that the broker has fulfilled their obligation to market the property effectively and secure a legitimate buyer, thereby triggering their right to compensation as per the agreement.

The other options do not apply in this context. The owner is not subject to a penalty simply for refusing an offer, as they have the discretion to accept or reject offers. The listing wouldn’t be automatically cancelled just because the owner rejected an offer, nor does rejecting an offer imply that the brokers will cease to represent the owner. Rather, the contract remains in effect unless either party decides to terminate it according to the outlined conditions.