ContractsIntermediateDelaware Exam
In Delaware, which type of listing agreement gives the broker an exclusive right to sell AND earn a commission even if the owner finds their own buyer?
AOpen listing
BExclusive agency listing
CExclusive right to sell listingCorrect
DNet listing
Why Exclusive right to sell listing Is Correct
Answer C: Exclusive right to sell listing
An exclusive right to sell listing guarantees the broker a commission if the property sells during the listing period, regardless of who finds the buyer — including the seller themselves.
Exam Tip: Contracts
Contract questions frequently test the essential elements required for a valid contract. Remember: competent parties, mutual consent, lawful object, and sufficient consideration. Watch for void vs. voidable distinctions.
Key Contracts Terms in This Question
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