Tampa Real Estate Post Licensing Practice Test

An exclusive-right-to-sell listing is a type of real estate listing that provides the agent with exclusive rights to earn a commission on the sale of the property, irrespective of who finds the buyer—whether it's the agent or the seller themselves. This means that if the seller, during the term of the listing agreement, finds a buyer without involving the agent, the agent is still entitled to the commission agreed upon in the listing contract.

In contrast, an open listing allows multiple agents to market the property while giving the seller the option to sell it independently without paying a commission to any agent, provided they secure the buyer. The exclusive agency listing provides some level of exclusivity to the agent, but it allows the seller to obtain a buyer and not pay a commission under those circumstances. A net listing, while it can be involved in sale negotiations, is more concerned with the net proceeds to the seller from the sale, rather than the exclusivity of the agent's rights.

Thus, the unique feature of the exclusive-right-to-sell listing is its provision for the agent’s commission, regardless of who ultimately brings the buyer, establishing a guaranteed right for the agent to earn their commission if the property sells during the listing period.