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Marketing Essentials: The Deca Connection1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese 1,600 solutions Which of the following best describes an exclusive agency listing agreement?An exclusive agency listing agreement gives a broker the right to market and sell a property for a specified time period, while the owner retains the right to find a buyer and sell the property without owing the broker a commission.
What is the purpose of a listing agreement quizlet?What is the primary purpose of a listing agreement? Serve as the primary contract of employment between the owner and broker. In some cases, a broker's commission can be earned if he can prove that he set into motion a series of events which resulted in the sale.
What is another definition of the listing agreement?A listing agreement is an employment contract between a property owner and a real estate broker. It allows the broker to act as a listing agent and find a buyer for the property on the seller's terms.
What listing agreement is most commonly used quizlet?The most widely used agreement is the exclusive right to sell listing agreement. Under this arrangement, the broker has the exclusive right to market the property for a specified period of time.
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