Chapter 10 Listing Agreement Flashcards
1
Q
illegal listing, Broker keeps everything above a certain figure.
A
Net Listing
2
Q
listing given to any number of brokers: only selling broker is paid
A
Open Listing
3
Q
Listing that promises broker will be paid unless owners sell on their own
A
Exclusive-agency listing
4
Q
listing that states broker will be paid no matter who sells
A
Exclusive right to sell listing
5
Q
organization of brokers who work to sell each other’s listings
A
Multiple Listing Service
6
Q
Price comparison for seller’s use when listing
A
Comparative Market Analysis