Agency
In Alaska, the type of listing that gives the seller the most control over who earns the commission when the seller also finds a buyer is:
AExclusive right to sell
BExclusive agency listing
COpen listing✓ Correct
DMLS listing
Explanation
An open listing allows the seller to list with multiple brokers simultaneously. Any broker who produces the successful buyer earns the commission.
Related Alaska Agency Questions
- Under Alaska law, a listing agent is required to present all offers regardless of:
- Under Alaska agency law, a licensee acting as a 'facilitator' (non-agent) owes which duties?
- When must an Alaska licensee present a written disclosure of agency to a client in a residential transaction?
- In Alaska, designated agency means:
- When does an Alaska buyer's agency agreement typically terminate?
- In Alaska, which statement about subagency is TRUE?
- Ostensible (apparent) agency in real estate most commonly arises when:
- Which type of agency is created when an agent acts on behalf of a principal without explicit authorization, but the principal later approves the action?
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