Agency
A Vermont open listing agreement gives the seller the right to:
AList only with one broker
BList with multiple brokers, paying a commission only to the broker who produces the buyer; seller retains the right to sell themselves✓ Correct
CReceive a guaranteed sale within 90 days
DCancel the listing at any time without commission obligation regardless of broker activity
Explanation
An open listing is a non-exclusive listing where the seller may hire multiple brokers and only pays a commission to the broker who produces the buyer. The seller also retains the right to sell themselves without any commission obligation.
Related Vermont Agency Questions
- When a Vermont listing agent represents a seller in a transaction where they also represent the buyer (dual agency), the agent's ability to negotiate is:
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