Under an exclusive right to sell listing, which of the following does the broker not need to prove to collect a commission?

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!

An exclusive right to sell listing provides the broker with the assurance of earning a commission regardless of who ultimately finds a buyer for the property. In this type of agreement, the seller grants the broker the exclusive right to market and sell the property, which means that the broker does not have to prove they were the procuring cause of the sale in order to collect their commission.

This is significant because it differentiates the exclusive right to sell listing from other types of listings, such as exclusive agency listings, where the broker would need to demonstrate they were the procuring cause in order to earn a commission if the seller finds a buyer independently.

The requirement that a listing be signed by the seller and be valid ensures that the broker has a legitimate contract and authority to act on behalf of the seller. Additionally, being licensed at the time of the transaction is a fundamental requirement for brokers, regardless of the listing type, to legally earn a commission.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy