Contracts
A net listing in Oklahoma is a type of listing where:
AThe seller receives a fixed net amount and the broker keeps any overage as commission✓ Correct
BThe commission is set as a percentage of the selling price
CThe seller retains the right to sell without commission
DThe commission is negotiated after the sale
Explanation
A net listing specifies a net amount the seller wants to receive; any amount over that becomes the broker's commission. Net listings are controversial (and legal but strongly discouraged in many states) because they create a conflict of interest. In Oklahoma they must be handled carefully.
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