What must happen to any listing obtained by a salesperson?

For a listing obtained by a salesperson to be valid and in compliance with Montana real estate regulations, it is essential that it be reviewed, signed, and dated by the Supervising Broker. This step ensures proper oversight and accountability within the brokerage, maintaining a high standard of professional practice. By having the Supervising Broker's signature, the brokerage takes responsibility for the listing and is confirming that it meets all necessary legal and regulatory requirements.

This requirement is designed to protect both the client and the salesperson, as it provides a check in the process of securing listings. It also ensures that the brokerage has a complete understanding of all active listings, which is key for effective management and support of sales agents in their efforts.

In contrast, simply verbalizing a listing to the client does not provide any tangible agreement or documentation essential for a legitimate transaction, and using a listing without further authorization could lead to legal issues as it bypasses the necessary protocols. Failing to document listings would significantly undermine the credibility and enforceability of real estate agreements. Thus, the correct process is ensuring that all listings are appropriately reviewed and signed by the Supervising Broker.