Contracts
A 'net listing' in Missouri is legal but:
ARequired for commercial transactions
BDiscouraged by MREC because it creates a conflict of interest where the agent profits from getting a higher price✓ Correct
CRequired to have MREC approval
DOnly valid for residential property
Explanation
Net listings, where the seller receives a set amount and the agent keeps any excess above that amount, are technically legal in Missouri but are discouraged by MREC. They create conflicts of interest and are discouraged in some other states.
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