What type of listing allows a seller to pay commission to only one broker?

Prepare for the Oklahoma Broker Exam. Dive into flashcards and multiple choice questions with detailed hints and explanations. Ace your exam!

The choice of an exclusive right-to-sell listing is significant because it grants one broker the sole right to represent the seller in the sale of their property. In this arrangement, the seller agrees to pay a commission to the broker regardless of who brings the buyer to the table. This exclusivity provides the broker with greater incentive to market the property aggressively since their commission is guaranteed upon a successful sale.

Additionally, this type of listing tends to attract more serious attention from brokers, as they have a committed partnership with the seller. It also simplifies the process for sellers, as they do not have to worry about negotiating commissions with multiple brokers or facing potential disputes over who is entitled to a commission if more than one broker assists in the sale.

In contrast, an open listing allows a seller to work with multiple brokers and only pay the commission to the one who brings a buyer. An exclusive agency listing permits the seller to sell the property themselves without paying a commission, while still granting exclusivity to one broker. A net listing, while less common, involves the seller specifying a minimum amount they wish to receive from the sale, with the broker being entitled to keep any amount above that as commission. Each of these options introduces different dynamics into the seller-broker relationship compared

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