Agency
In Colorado, an 'open listing' agreement means:
AA. The property is listed on the MLS without restrictions
BB. The seller can give the listing to multiple brokers and only pays a commission to the broker who procures the buyer✓ Correct
CC. Any member of the public can sell the property and earn a commission
DD. The seller must accept any offer at or above the list price
Explanation
In an open listing, the seller retains the right to list with multiple brokers simultaneously and only pays a commission to whichever broker actually procures the buyer (the 'procuring cause'). If the seller sells it themselves, no commission is owed. Open listings are rarely used in Colorado residential transactions.
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