NCh5 The Four Types Of Listing Agreements

Question 1

The type of listing agreement where the broker is the EXCLUSIVE agent, and receive a commission even if the seller sells a property himself is called

Answer 1

Exclusive right to sell

Question 2

The type of listing agreement where the broker is the EXCLUSIVE AGENT and receives a commission unless the seller sells the property himself?

Answer 2

Exclusive agency

Question 3

The type of listing agreement where the owner reserves the right to list with as many brokers as he chooses is called

Answer 3

Open listing

Question 4

The type of listing agreement where all money over the amount of the owner wants for the sale of property is treated as a brokers commission is called

Answer 4

Net listing