An exclusive right-to-sell listing in South Dakota means the broker earns a commission:
Correct Answer
B) Regardless of who finds the buyer, including the seller
An exclusive right-to-sell listing is the most protective listing agreement for the broker. The broker earns a commission no matter who procures the buyer — whether it's the broker, another agent, or even the seller themselves.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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