An owner lists a home for sale with XYZ Realty, with instructions to submit the listing to the multiple listing service and invite other brokers to help find a buyer. This is an example of a:

Question

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The scenario describes a cooperating agency relationship, where the listing agent (XYZ Realty) invites other brokers to bring buyers and share in the commission. This is a common practice in real estate and does not constitute a dual agency (where one firm represents both the buyer and seller in the same transaction) or a buyer's agency (where the agent works exclusively for the buyer). Implied agency is a concept where an agency relationship may be formed unintentionally through the actions of the parties involved, but it is not relevant to this scenario.

An Owner Lists a Home for Sale with XYZ Realty