Contracts
A Texas listing agreement specifies that the broker is entitled to a commission if the property is sold to 'any buyer procured by the broker.' This language creates a(n):
AExclusive right to sell listing
BExclusive agency listing✓ Correct
COpen listing
DNet listing
Explanation
An exclusive agency listing entitles the broker to a commission if the broker (or any other agent) procures the buyer, but the seller reserves the right to sell the property themselves without owing a commission to the broker.
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