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Question \#35 of 60 Even if the owner sells the property without the help of the broker, the broker gets credit for the sale in A) an open listing. B) a net listing. C) an exclusive right-to-sell listing. D) an exclusive agency listing.

Ask by Cummings Barber. in the United States
Feb 24,2025

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Answer

The broker gets credit for the sale in an exclusive right-to-sell listing.

Solution

The correct answer is C) an exclusive right-to-sell listing. Explanation: In an exclusive right-to-sell listing, the broker is entitled to a commission whether the property is sold by the owner or by any other party. This means that even if the owner finds a buyer and sells the property independently, the broker still receives a commission as agreed in the listing contract.

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Extra Insights

In an exclusive right-to-sell listing, the broker holds a strong position, ensuring they receive a commission regardless of how the property is sold. So, if the owner decides to sell the property themselves, the broker's efforts still shine, earning them credit for the sale. That’s a win-win for real estate agents who work diligently to market a property! On the other hand, this type of listing fosters a solid partnership between the seller and the broker, promoting motivated marketing strategies. Sellers often feel more confident, knowing their broker is dedicated to selling their property, and that enthusiasm can make all the difference in closing the deal quickly and effectively.

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