What type of listing gives the broker a commission regardless of who sells the property?

Study for the FBLA Real Estate Exam with flashcards and multiple choice questions that offer hints and explanations. Prepare effectively for success in your exam!

Multiple Choice

What type of listing gives the broker a commission regardless of who sells the property?

Explanation:
The Exclusive Right to Sell listing gives the broker a commission regardless of who sells the property because it establishes a contract where the broker has the sole right to market and sell the property, regardless of whether the buyer comes from the broker's efforts or from another source. This type of listing guarantees the broker compensation even if the seller finds a buyer independently or if another broker sells the property. The key aspect of the Exclusive Right to Sell is the broker's entitlement to a commission upon the successful sale, which provides an incentive for the broker to invest time and resources into marketing the property effectively. This contrasts with other types of listings, where the broker's commission might not be guaranteed under certain circumstances.

The Exclusive Right to Sell listing gives the broker a commission regardless of who sells the property because it establishes a contract where the broker has the sole right to market and sell the property, regardless of whether the buyer comes from the broker's efforts or from another source. This type of listing guarantees the broker compensation even if the seller finds a buyer independently or if another broker sells the property.

The key aspect of the Exclusive Right to Sell is the broker's entitlement to a commission upon the successful sale, which provides an incentive for the broker to invest time and resources into marketing the property effectively. This contrasts with other types of listings, where the broker's commission might not be guaranteed under certain circumstances.

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