In an exclusive right to sell listing, what does the owner agree to?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In an exclusive right to sell listing, the property owner agrees to pay a commission regardless of who sells the property. This agreement ensures that the listing broker will earn their commission as long as the property sells during the term of the listing agreement, regardless of whether the broker or another party, including the owner themselves, completes the sale. This arrangement provides strong incentives for the broker to actively market the property and attract buyers.

The other options relate to different aspects of listing agreements or are simply not applicable in this context. For instance, selling without broker assistance does not align with the exclusive right to sell concept, as it fundamentally relies on the broker's involvement. Similarly, while the owner typically does not list with other brokers to avoid conflicts during the period of the agreement, this alone does not capture the essence of the exclusive right to sell. Providing a home warranty is also unrelated to the core tenets of an exclusive right to sell listing.

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