Agency
In Oregon, what is an 'exclusive right to sell' listing agreement?
AThe seller retains the right to sell without paying a commission
BThe listing broker earns a commission regardless of who procures the buyer, including the seller✓ Correct
COnly the listing broker may show the property
DThe seller must exclusively use the broker for all purchases and sales
Explanation
In an exclusive right to sell listing, the listing broker is entitled to earn a commission if the property is sold during the listing period — regardless of who brings the buyer, even if the seller finds the buyer themselves. This is the most common type of Oregon listing agreement because it provides brokers the strongest motivation to market the property.
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