Agency
What is a 'net listing' and why do most Delaware experts caution against them?
AA listing where the agent earns a flat fee; cautioned against because it's unclear to sellers
BA listing where the agent earns everything above the seller's minimum net; cautioned against due to the agent's conflict of interest✓ Correct
CAn MLS listing with no photos; cautioned against for marketing reasons
DA listing with no expiration date; cautioned against for legal reasons
Explanation
A net listing creates a dangerous conflict of interest: the agent benefits from a higher sale price but may be tempted to undersell at the minimum net and pocket a large spread. Most real estate experts and Commission regulations caution against or prohibit net listings.
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