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4 Cards in this Set
- Front
- Back
Exclusive Right to Sell |
Property is listed with one broker & seller promises to pay commission, no matter who finds the Buyer (typical) |
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Exclusive Agency |
Property is listed with one broker, however Seller reserves the right to find own Buyer & not owe Broker a commission. |
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Open Listing |
Can be listed with more than one Broker at the same time & Seller reserves the right to find own Buyer & not owe Broker any commission. |
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Net Listing |
Illegal in Michigan. Commission based on the difference between what the Seller wants to net & what it sales for above the net. |