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20 March, 04:21

Broker Jack has an agreement with seller Mauve that says Jack will receive compensation if anyone except Mauve sells the home. This is an example of what type of listing?

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  1. 20 March, 04:28
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    Exclusive agency

    Explanation:

    An exclusive agency agreement is signed between the seller and the broker (real estate firm) where the broker is granted exclusive rights for offering and selling the property. This means that only one broker (the signing party) is allowed to market and sell the property. Only if the seller actually sells the property by himself/herself is the exclusive agency agreement terminated.
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