What must a management agreement specify regarding the broker's services?

The correct answer highlights the requirement for a management agreement to clearly define the beginning and end dates of the broker's services. This specification is crucial because it establishes the timeframe within which the broker is authorized to operate and manage the property. This clarity helps both parties understand the duration of their obligations and rights under the agreement.

By identifying specific start and end dates, the management agreement provides a structured timeline, which facilitates proper planning and execution of the broker's responsibilities. It also aids in avoiding potential misunderstandings or disputes related to the duration of services rendered.

In contrast, having only the length of the agreement without specific dates would leave ambiguity regarding when services commence and conclude, which could lead to issues if either party had differing interpretations. Similarly, stating that the broker's services must be free of charge would not reflect the norm in real estate transactions, as brokers typically charge fees for their services, thus undermining the professional relationship and expectations. Finally, general terms without specific dates, while they may outline responsibilities, would lack the necessary detail to ensure clarity and enforceability over the timeline of services.