Agency
What is an exclusive right to sell listing vs. exclusive agency listing?
AThey are the same type of agreement
BExclusive right to sell: broker earns commission regardless of who finds buyer; exclusive agency: seller can sell without paying commission✓ Correct
CExclusive agency gives the broker more protection
DExclusive right to sell only applies to commercial properties
Explanation
In an exclusive right to sell listing, the broker earns commission regardless of who procures the buyer (even if the seller finds the buyer). In an exclusive agency listing, the seller can sell the property themselves without owing commission.
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