Agency
In Colorado, a 'net listing' is:
AA. A listing where the broker's commission is a fixed flat fee
BB. A listing where the broker keeps everything above a specified net price as their commission, which is considered unethical and potentially legal but strongly discouraged in Colorado✓ Correct
CC. A listing where the commission is split equally between buyer and seller
DD. A listing used only for commercial properties
Explanation
In a net listing, the seller receives a fixed amount and the broker keeps all proceeds above that amount as commission. Colorado considers net listings unethical because they create a conflict of interest — the broker has an incentive to obtain the highest possible price not for the seller's benefit but for their own compensation. Net listings are discouraged by CREC rules.
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