A contract providing for the payment of a commission to the listing broker no matter who sells the property is called a (n):

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Multiple Choice

A contract providing for the payment of a commission to the listing broker no matter who sells the property is called a (n):

Explanation:
The idea to focus on is how the commission is earned under different listing arrangements. An exclusive-right-to-sell listing is the arrangement where the listing broker earns a commission no matter who procures the buyer—whether it’s the broker, another broker, or the seller themselves—so long as the sale happens during the term of the contract. This guarantees the broker compensation and motivates broad marketing, since the seller will owe the listed commission regardless of who brings the buyer. In practice, this form is the standard way brokers ensure they’re paid. By contrast, an exclusive-agency listing would allow the seller to avoid paying a commission if they find a buyer themselves. An open listing involves multiple brokers, with the commission typically going to the broker who actually closes the sale. A net listing focuses on a net amount to the seller, with the broker taking the difference as commission, which doesn’t align with the “no matter who sells” idea.

The idea to focus on is how the commission is earned under different listing arrangements. An exclusive-right-to-sell listing is the arrangement where the listing broker earns a commission no matter who procures the buyer—whether it’s the broker, another broker, or the seller themselves—so long as the sale happens during the term of the contract. This guarantees the broker compensation and motivates broad marketing, since the seller will owe the listed commission regardless of who brings the buyer. In practice, this form is the standard way brokers ensure they’re paid. By contrast, an exclusive-agency listing would allow the seller to avoid paying a commission if they find a buyer themselves. An open listing involves multiple brokers, with the commission typically going to the broker who actually closes the sale. A net listing focuses on a net amount to the seller, with the broker taking the difference as commission, which doesn’t align with the “no matter who sells” idea.

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