Which type of listing allows a seller to market their property through multiple brokers?

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Study for the Texas Real Estate Principles 2 Test. Review questions, flashcards, and explanations. Get ready to pass your exam!

The open listing is a type of agreement that provides the seller with the flexibility to market their property through multiple brokers without granting any one broker exclusive rights to sell the property. This means that any broker who brings a buyer can earn a commission. Because it allows for collaboration across various brokerage firms, the seller can maximize exposure of their property to potential buyers.

In contrast, an exclusive right-to-sell listing grants one broker the exclusive right to sell the property, meaning no other broker can market it without risking losing the commission to the listing broker. An exclusive agency listing also provides a brokerage with exclusive rights but allows the seller to sell the property themselves without a commission payout. Meanwhile, a Multiple Listing Service (MLS) is a system used by brokers to share listings to reach a broader audience, but it is not a type of listing in and of itself. Thus, the open listing uniquely empowers the seller to engage multiple brokers simultaneously in the marketing process.

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