Question

You enter into a listing contract which provides that no matter who sells the property, you get a commission. This type of listing is:

a) an exclusive right-to-sell listing.
b) an exclusive brokerage listing.
c) an open listing.
d) a net listing.

Answer 1

The type of listing described in the question is an exclusive right-to-sell listing.

Step-by-step explanation:

The type of listing described in the question is an exclusive right-to-sell listing.

This means that the listing contract gives the agent the exclusive right to earn a commission regardless of who sells the property. It provides the most protection for the agent because they are guaranteed compensation no matter who brings the buyer.

For example, if the property is listed under an exclusive right-to-sell listing and the seller finds a buyer themselves, the agent will still be entitled to a commission. This type of listing is commonly used in real estate transactions.