There are a number of different types of listing contracts that can be used when marketing a property. Which of the following types of listings requires the broker to be paid a commission if any other broker, or even the owner, sells the property during the contract period?

a. Open listing
b. Multiple listing
c. Exclusive agency listing d. Exclusive right of sale listing

It is a type of agreement , where the real estate agent has the complete right to sell the property under the time period of three months , is referred to as the Exclusive right of sale listing .

During the time period of three months , the seller do not have the right to list the property by any other agents , and the person is required to pay the commission of the agent , irrespective if the agent finds a buyer or not .

Hence , from the given information of the question,

The correct answer is , Exclusive right of sale listing .

Parrain Parrain · Answer 2 · 2021-11-16T10:56:55+01:00

Based on the scenario described where a broker will get paid if the property is sold by anyone else, this is most likely an d. Exclusive right of sale listing

An Exclusive right of sale listing:

Means that only one broker can sell a particular property
Means the broker in the agreement will get paid regardless of who actually sold the property

In this scenario, the broker will still receive their commission regardless of whether the owner or some other broker sells the property. This is therefore an exclusive right of sale listing.

In conclusion, when a broker is paid regardless of who sold the property, this is an exclusive right of sale listing.

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