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?
A) Open listing
B) Single listing
C) Exclusive agency listing
D) Exclusive right of sale listing

Question

Quizplus · Accepted Answer

An exclusive right of sale listing gives the broker the exclusive right to sell the property and guarantees the broker a commission if the property is sold during the contract period, regardless of who sells the property.

There Are a Number of Different Types of Listing Contracts