Which type of listing allows multiple agents to show the property?

Prepare for the VanEd National Real Estate Exam. Study with interactive quizzes and detailed explanations. Get ready to ace your test with confidence!

The preferred response is an open listing, as it is specifically designed to allow multiple agents to show and sell the property. This type of listing does not grant exclusivity to any single agent; rather, it permits the property owner to work with multiple agents simultaneously. As a result, any agent who successfully brings a buyer to the property can earn a commission. This arrangement is beneficial for sellers seeking maximum exposure to their property since they can utilize the networks of numerous agents.

An exclusive right to sell listing, on the other hand, gives one agent the sole right to market and sell the property, meaning that only that agent can earn a commission regardless of who finds the buyer. An exclusive agency listing allows one agent to market the property but does permit the owner to find a buyer independently without owing a commission to the agent, limiting the number of agents involved. A flat-fee listing typically entails paying a fixed fee for certain services, which may not necessarily include multiple agents showing the property, thereby reducing the exposure compared to an open listing.

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