Which of the following is the required action when a licensee wants to relist a property with an exclusive right to sell listing?

When a licensee wishes to relist a property with an exclusive right to sell listing, the required action is to enter into a written contract with the owner that outlines the new terms. This process ensures that all parties involved are clear on the conditions of the new listing, including details such as pricing, commission rates, and any specific obligations or agreements that need to be adhered to during the new listing period.

Creating a new written agreement is essential to avoid any confusion or misunderstanding that may arise from simply extending previous agreements or attempting to relist without formal documentation. It provides legal protection for both the licensee and the property owner, ensuring that each party has agreed to the new terms and conditions before the property is made available for sale again. Essentially, this practice reinforces the importance of clear communication and contractual compliance in real estate transactions, aligning with regulatory requirements under Georgia real estate laws.