Which transaction type generally does not provide for a commission to the broker?

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 open listing is a type of listing agreement that is typically non-exclusive. This means that the property owner can enter into multiple listing agreements with different brokers and only pays a commission to the broker who successfully sells the property. If the owner sells the property themselves, they are not obligated to pay any commission to a broker. This distinguishes open listings from exclusive agreements where the broker is guaranteed a commission regardless of who sells the property. Consequently, in an open listing scenario, the possibility of a broker receiving a commission is dependent on them being the one who brings forth a buyer, making it less reliable compared to other transaction types.

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