Question: 1 / 400
What type of listing agreement allows a seller to sell their property without paying a commission to the agent if they find a buyer themselves?
Exclusive right to sell
Exclusive agency
Open listing
The correct answer is the option that specifies a type of listing agreement that permits the seller to sell their property independently without incurring a commission to the agent if they secure a buyer on their own. In a scenario like this, the seller maintains the option to actively market the property and enter into direct negotiations with potential buyers, keeping all proceeds from the sale if they succeed.
An exclusive agency listing offers some similarities, but it requires the seller to pay a commission to the agent if the agent finds a buyer, which does not fit the criteria of being commission-free for self-initiated sales.
An exclusive right to sell agreement gives the listing agent full rights to the commission regardless of who finds the buyer, thus not allowing the seller to avoid commission fees if they sell the property independently.
Net listings, while not commonly used, refer to agreements where the agent receives any amount above a predetermined price as commission, making it irrelevant to the question about selling independently without incurring fees.
This context illustrates why the identified correct option is the best fit for the question regarding allowing the seller to sell without a commission obligation to the agent.
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