What type of listing allows a broker to receive a commission regardless of who sells the property?

Prepare for the Azure Tide Realty Exam with targeted flashcards and multiple choice questions. Each answer includes hints and detailed explanations. Equip yourself for success!

An Exclusive Right-to-Sell Listing is a type of agreement between a property owner and a broker that guarantees the broker a commission regardless of who sells the property, even if the owner sells it themselves. This contractual arrangement provides the broker with the exclusive right to market and negotiate the sale of the property, which incentivizes the broker to invest time and resources into effectively promoting the listing. This type of listing is beneficial for brokers, as it assures them of compensation for their efforts, making them more committed to achieving a successful sale for the property.

In contrast, the other types of listings outlined have varying terms that affect the broker's ability to earn a commission. An Open Listing allows multiple brokers to work on selling the property, and only the broker who successfully finds a buyer earns a commission, which means if the owner sells independently, no broker gets paid. A Net Listing specifies a minimum price the seller wants to receive, and the broker keeps any amount over that price, which can complicate how commissions are viewed. An Exclusive Agency Listing gives one broker the chance to sell the property, but if the owner sells it themselves, that broker does not earn a commission. This framework raises questions and conditions that differ from the straightforward guarantee found in an Exclusive Right-to

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