Which listing type provides exclusive rights to sell?

Which listing type provides exclusive rights to sell?

• A. Open listing
• B. Exclusive Right to Sell
• C. Net listing
• D. Exclusive Agency

Answer: (B)

Exclusive Right to Sell means the broker has the sole, exclusive right to market the property and will earn a commission no matter who ultimately secures the buyer. This guarantees the broker compensation during the listing period, even if the seller themselves brings the buyer. That certainty is what gives the arrangement its exclusivity for the broker. In contrast, open listings involve multiple brokers and the seller may pay the one who brings a buyer or sometimes none if they find a buyer themselves; exclusive agency gives the seller one broker but lets the seller sell on their own without paying that broker; and net listings set a seller-defined net price with the broker potentially keeping any amount above that net, which can raise ethical and legal concerns.

Exclusive Right to Sell means the broker has the sole, exclusive right to market the property and will earn a commission no matter who ultimately secures the buyer. This guarantees the broker compensation during the listing period, even if the seller themselves brings the buyer. That certainty is what gives the arrangement its exclusivity for the broker. In contrast, open listings involve multiple brokers and the seller may pay the one who brings a buyer or sometimes none if they find a buyer themselves; exclusive agency gives the seller one broker but lets the seller sell on their own without paying that broker; and net listings set a seller-defined net price with the broker potentially keeping any amount above that net, which can raise ethical and legal concerns.