asked 140k views
2 votes
What kind of protection is offered by an Exclusive Agency listing?

1 Answer

1 vote

Final answer:

An Exclusive Agency listing offers protection to the listing agent in terms of receiving a commission if the property is sold during the listing period.

Step-by-step explanation:

An Exclusive Agency listing provides protection for the listing agent in the form of a commission agreement.

It means that if the property is sold during the listing period, the listing agent is guaranteed to receive a commission, regardless of who sells the property.

However, if the seller finds a buyer without any involvement of the listing agent, no commission is owed.

answered
User Jony Lalwani
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.