Agency
An exclusive agency listing in New York differs from an exclusive right-to-sell listing in that:
AOnly one broker may be listed in the MLS
BThe seller retains the right to sell the property personally without owing a commission to the broker✓ Correct
CNo other brokers may show the property
DThe listing period is limited to 30 days
Explanation
Under an exclusive agency listing, the broker has the exclusive right to represent the seller, but if the seller personally finds a buyer (without the broker's assistance), no commission is owed. This is in contrast to an exclusive right-to-sell listing, where a commission is owed regardless of who finds the buyer.
Related New York Agency Questions
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