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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)

Exclusive Agency

Property is listed with one broker, however Seller reserves the right to find own Buyer & not owe Broker a commission.

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.

Net Listing

Illegal in Michigan. Commission based on the difference between what the Seller wants to net & what it sales for above the net.