In which listing type does the agent receive commission even if the seller finds the buyer?
Correct Answer
D) Exclusive right to sell
With an exclusive right to sell listing, the broker earns a commission regardless of who finds the buyer, including the seller themselves.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.
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A listing agreement creates an agency relationship between:
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