What type of listing allows a seller to sell the property themselves and not pay a commission to the broker?

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Master Texas Real Estate Principles 1. Study with engaging quizzes featuring multiple choice questions. Includes hints and detailed explanations. Get ready for success!

The correct choice, which is Exclusive Agency Listing, allows the seller to sell their property themselves without having to pay a commission to the broker. In an Exclusive Agency Listing, the broker is given the exclusive right to market the property and will earn a commission if they bring a buyer. However, if the seller finds a buyer independently, they are not obligated to pay the commission to the broker. This arrangement provides the seller with flexibility and control over the sale of their home, while still having a professional work to promote the property.

In contrast, an Exclusive Right to Sell Listing would require the seller to pay a commission regardless of who sells the property, whether it’s the broker or the seller themselves. An Open Listing allows multiple brokers to market the property, and similar to Exclusive Agency, the seller can sell independently but may also have to deal with a more chaotic selling environment. A Net Listing involves setting a minimum price the seller wants to receive, with the broker keeping any amount above that as commission, which could complicate the seller's rights regarding commission in self-representation. Each type of listing serves different needs and business strategies within real estate transactions.

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