What type of listing did a broker have if the owner sold the property but still paid a full commission?

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The scenario describes an exclusive right to sell listing, which is a type of agreement where the broker earns a commission regardless of who sells the property, including the owner. In an exclusive right to sell arrangement, the broker holds the sole authority to market and sell the property, and the seller agrees to pay the broker a full commission if the property sells during the listing period, even if the seller finds the buyer themselves.

This type of listing is beneficial for the broker since it provides assurance that they will be compensated for their efforts in selling the property, enhancing their motivation to market it effectively. The arrangement protects both the broker and the owner, ensuring that the owner cannot bypass the broker without incurring the obligation to pay the commission.

In contrast, an open listing would allow the owner to work with multiple brokers and sell the property themselves without owing a commission, while an exclusive agency listing allows the owner to sell the property without paying a commission if they find a buyer independently. A net listing involves the broker keeping any amount received over a set price, which can lead to conflicts of interest, but it is not relevant to the scenario described.

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