What type of listing contract allows owners to sell their property themselves without owing a commission?

The exclusive agency listing contract allows owners to sell their property themselves without owing a commission, as long as they are the ones to find the buyer. This arrangement provides the owner with the flexibility to market their property independently while securing a real estate agent's services for representation if needed. If the agent successfully sells the property, then a commission is owed; however, if the owner sells the property on their own, they do not have to pay the commission.

Other types of listings, like the exclusive right to sell, would obligate the owner to pay a commission regardless of who finds the buyer. An open listing is a non-exclusive arrangement where multiple agents can list the property, but it doesn't specifically allow for the owner to avoid commission if they sell the property themselves. A net listing sets a predetermined amount that the seller wishes to receive after the sale, with any excess going to the agent as commission, which can complicate the owner's finances. The distinguishing feature of the exclusive agency listing is the owner's ability to avoid commission fees in a self-initiated sale.