Contracts
A 'net listing' in Kentucky is one where:
AThe seller receives a fixed net amount and the broker keeps anything above that✓ Correct
BAll parties receive equal shares of the proceeds
COnly online advertising is used to market the property
DThe commission is netted from the sale price at closing
Explanation
In a net listing, the seller specifies a net amount they want to receive and the broker keeps any amount above that as their commission. Net listings are controversial and disfavored due to conflict of interest.
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