Which of the following is NOT required for collecting a commission under an agency agreement?

To understand why the correct answer is that working with multiple brokers is not required for collecting a commission under an agency agreement, it's important to consider the fundamental requirements for earning a commission in real estate transactions.

In California, collecting a commission typically necessitates that the broker is licensed, which ensures they are legally allowed to conduct real estate activities. Additionally, a written or confirmed agreement is usually needed to outline the terms of the commission and the obligations of both parties involved. Signatures from both parties serve as acknowledgment of these terms, further solidifying the agreement.

However, working with multiple brokers is not a requirement to earn a commission. While agents may collaborate or co-broke deals with other brokers, it is not essential to engage multiple brokers to fulfill the requirements for receiving a commission. A single broker can enter into an agency agreement with a client and, upon fulfilling the conditions of that agreement, collect their commission without needing to involve other brokers in the transaction.

In summary, the correct answer reflects the fact that the presence of multiple brokers is irrelevant to the fundamental criteria necessary for collecting a commission.