Colorado Broker Practice Test

The holdover period (often called the protection period) starts when the listing expires. This period is designed to protect the broker after the listing term ends: if a buyer who was shown the property during the listing buys it after expiration, the broker may still be entitled to a commission during the holdover window. It isn’t tied to the signing of the listing, the closing, or the moment an offer is submitted; those events relate to the term of the listing itself or the sale process, whereas the holdover begins precisely at the expiration of the listing.