Agency
An open listing agreement in Utah allows:
AOnly one agent to sell the property
BMultiple agents to market the property, with commission owed only to the agent who procures the buyer✓ Correct
CThe seller to avoid paying any commission
DThe property to be listed on the MLS by multiple brokers simultaneously
Explanation
An open listing allows the seller to engage multiple agents simultaneously. The seller owes commission only to the agent who procures the ready, willing, and able buyer (procuring cause). If the seller finds their own buyer, no commission is owed.
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