There are a number of different types of listing contracts that can be used when marketing a property.Which of the following types of listings requires the broker to be paid a commission if any other broker,or even the owner,sells the property during the contract period?

Question

Quizplus · Accepted Answer

An exclusive right of sale listing gives the broker the exclusive right to earn a commission by representing the owner and bringing a buyer, but also provides for the broker to be paid a commission if the owner sells the property to anyone during the contract period. This provides the highest level of protection for the broker and is the most common type of listing contract used by real estate agents.

There Are a Number of Different Types of Listing Contracts