UOG Real Estate State Practice Exam 2025 – The All-in-One Guide to Exam Success!

The exclusive right to sell listing agreement offers the most protection to the broker because it guarantees the broker a commission regardless of who ultimately sells the property. Under this type of agreement, even if the property owner finds a buyer without the broker’s assistance, the broker is still entitled to their commission. This arrangement incentivizes the broker to invest time and resources in marketing the property, as their efforts are protected, ensuring they will be compensated for their work.

In contrast, an open listing allows multiple brokers to compete for the commission, and the seller retains the right to sell the property independently without owing any commission if they do so. Exclusive agency agreements also provide some level of protection but not to the same degree as exclusive right to sell, since the seller can still sell the property and avoid paying the broker’s commission. A net listing can be complex and potentially problematic, as it focuses on the amount the seller wants to receive rather than a standard commission rate, leading to less clarity and security in compensation terms for the broker. Therefore, the exclusive right to sell is the most protective arrangement for the broker.