If a broker secured a signed offer with a $5,000 deposit and the seller refused to accept it, what statement is true?

In a scenario where a broker has secured a signed offer from a buyer, which includes a deposit, the key aspect revolves around the broker's role in facilitating the transaction. When the seller refuses to accept the offer, the broker has effectively performed the duty of bringing a ready, willing, and able buyer to the table. This is often the critical requirement for a broker to earn their commission.

In this case, since the offer was signed and the broker executed their responsibilities, the broker earns their fee despite the seller's refusal. The commission is typically not contingent upon the closing of the sale but rather on the broker fulfilling their role in presenting the offer. Thus, the broker has the right to maintain a suit for commission in court because they have fulfilled their obligations as mandated by the listing agreement.

This understanding highlights the importance of the broker's actions in the transaction process, reinforcing that an earned commission can exist even if the sale does not conclude successfully. In contrast, the other choices do not accurately reflect the elements of the broker's entitlement to their fee based on the provided scenario.