Agency
What is an open listing and when might a seller use one?
AA listing available to any buyer
BA non-exclusive listing where any agent can show and sell the property, with commission paid only to the procuring agent✓ Correct
CA listing with no end date
DA listing where all terms are public
Explanation
An open listing is non-exclusive: the seller can list with multiple brokers simultaneously and can also sell themselves without paying any commission. Commission is only owed to whichever broker is the procuring cause of the sale. Sellers sometimes use these for difficult-to-sell properties.
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