Agency
Iowa's exclusive right-to-sell listing agreement provides the listing broker with:
AThe right to purchase the property if it does not sell
BThe right to earn a commission if the property sells during the listing term, regardless of who produces the buyer✓ Correct
CThe exclusive right to show the property to buyers represented by any broker
DThe right to set the final sale price independently
Explanation
Under an exclusive right-to-sell listing, the broker earns a commission if the property sells during the listing period, even if the seller found the buyer independently. This provides the strongest protection for the broker's commission.
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