Which type of listing allows the owner to sell the property without paying a commission to the broker?

In real estate, an Exclusive Agency Listing allows the property owner to sell the property independently without incurring a commission to the broker if they find a buyer themselves. Under this type of listing agreement, the broker has the exclusive right to represent the seller, but the seller retains the right to sell the property. If the seller successfully sells the property on their own, they do not owe a commission to the broker. This gives the owner more flexibility and control over the sale process, while still benefiting from the broker’s marketing efforts and support.

The other types of listings operate differently. An Exclusive Right to Sell Listing guarantees the broker a commission regardless of who sells the property, whether it's the broker or the owner. An Open Listing allows multiple brokers to work on selling the property, but there is still the potential for the broker to earn a commission if they find a buyer. A Net Listing, while not common, sets a specified amount that the seller wants to receive from the sale, and any amount over that threshold becomes the broker's commission, which does not align with the owner's objective of avoiding broker fees when selling the property themselves.