Agency
In Kansas, what is the difference between an 'exclusive right to sell' listing and an 'exclusive agency' listing?
AThey are identical listing agreements
BIn an exclusive right to sell, the broker earns a commission regardless of who sells the property; in exclusive agency, the owner can sell without owing commission if they find the buyer themselves✓ Correct
CAn exclusive agency guarantees a higher commission
DAn exclusive right to sell allows multiple brokers simultaneously
Explanation
Exclusive right to sell: broker earns commission whoever sells the property. Exclusive agency: only one broker is authorized, but the owner retains the right to sell without owing commission if they find the buyer themselves.
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