Contracts
An open listing allows the seller to:
AList with only one broker and pay a reduced commission
BList with multiple brokers and pay a commission only to the one who produces the buyer✓ Correct
CSell the property themselves without paying any commission
DCancel the listing at any time without penalty and with no commission owed
Explanation
Under an open listing, the seller may engage multiple brokers simultaneously and owes a commission only to the broker who is the procuring cause of the sale. If the seller finds the buyer, no commission is owed.
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