Which of the following is NOT a reason for terminating a listing agreement?

The reason identified for the correct answer reflects a scenario where the property’s market price dramatically increases, which does not inherently lead to the termination of a listing agreement. A significant rise in market price can actually strengthen the position of the broker and the seller, potentially making the property even more attractive to buyers.

Listing agreements are typically terminated for specific reasons that impact the relationship between the seller and the broker, such as the death of the broker, mutual consent to terminate the agreement, or the expiration of the agreed-upon term. Each of these scenarios results in a clear end to the listing arrangement for logical and contractual reasons. However, a rise in property value does not compel either party to end the agreement; in fact, it may incentivize the broker and seller to continue their partnership in order to capitalize on the increased interest in the property.