Contracts
In Iowa, which type of listing gives a seller the right to sell the property themselves without owing the broker a commission, but the broker earns a commission if the broker procures the buyer?
AExclusive right-to-sell listing
BExclusive agency listing✓ Correct
COpen listing
DNet listing
Explanation
An exclusive agency listing gives the listing broker the exclusive right to represent the seller, but allows the seller to sell the property themselves without paying a commission. If the broker or a cooperating broker procures the buyer, a commission is due.
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