ContractsQuestion 58 of 100
A listing agreement in which the broker earns a commission regardless of who sells the property, even the owner, is a(n):
a.Exclusive right to sell listing
b.Open listing
c.Exclusive agency listing
d.Net listing
Explanation
Under an exclusive right to sell listing, the listed broker earns the commission no matter who procures the buyer, including the owner. In an exclusive agency listing, the owner can sell it themselves without owing commission. An open listing lets multiple brokers compete, with only the procuring broker paid.
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