Connecticut License law prohibits which of the following?
Question & Answer
Review the question and all answer choices
Net listings
Open listings
Open listings are not prohibited in Connecticut. This type of agreement allows a property owner to work with multiple agents simultaneously without guaranteeing payment unless their specific efforts result in a sale.
Exclusive Agency
Exclusive Agency listings are permitted in Connecticut. This agreement gives one agent the right to sell but allows the owner to sell without owing a commission.
Exclusive Right to Sell
Exclusive Right to Sell listings are allowed in Connecticut. This type guarantees the commission to the listing agent regardless of who sells the property.
Why is this correct?
Connecticut prohibits net listings.
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