If a listing agreement provides for commission even if the owner sells without the broker's help, what is this type of listing?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

The scenario described fits the exclusive right to sell listing because in such agreements, the broker is guaranteed a commission regardless of who sells the property—whether it's the broker, the owner, or another agent. This type of listing provides strong incentive for the broker to market the property aggressively because they will earn a commission no matter who finds the buyer. This arrangement establishes a legal obligation between the property owner and the broker, ensuring that the broker is the exclusive representative for selling the property.

In contrast, an exclusive agency listing allows the owner to sell the property independently without owing a commission to the broker, unless the broker produces the buyer. Therefore, the owner retains some ability to sell the property without incurring a commission, which differentiates it from an exclusive right to sell.

Net listings typically refer to arrangements where the broker keeps anything above a specified price as their commission, but they don't generally ensure a commission regardless of who sells. Open listings allow multiple agents to sell the property and only pay commission to the agent who brings in a buyer, leading to less obligation on the broker's part compared to an exclusive right to sell.

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