Agency
In New Jersey, an 'exclusive right to sell' listing agreement means:
AOnly one buyer is allowed to make an offer
BThe broker is entitled to a commission if the property is sold by anyone, including the seller, during the listing term✓ Correct
CThe seller cannot sell without using a broker ever again
DThe listing broker must find the buyer personally
Explanation
Under an exclusive right to sell listing, the broker earns a commission regardless of who procures the buyer—even if the seller finds the buyer independently. This provides the broker maximum protection and is the most common listing type in NJ.
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