Which of the following best describes an exclusive right-to-sell listing agreement in NH?
Correct Answer
B) Entitles the broker to a commission regardless of who procures the buyer, including the seller
An exclusive right-to-sell listing in NH gives the listing broker the right to earn a commission if the property sells during the listing period, regardless of who finds the buyer — including the seller themselves. This is the most protective listing type for the broker and the most common form used in NH residential transactions. It differs from an exclusive agency listing, where the seller retains the right to sell without owing a commission.
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Related Topics & Key Terms
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Related Concepts
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.
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