Types of Listings

Types of Listings

Open Listing: The authority to sell the property is given to one or more REALTORS. You also have the right to sell the house yourself, without having to pay a fee for service, and without dealing with the appointed REALTOR(S). 

Exclusive Listing: You appoint one firm to act as your agent in the sale of your house. This firm usually has the sole, irrevocable and exclusive right to sell your house for a given period of time. 

MLS® Listing: This is a type of exclusive listing, allowing the REALTOR to work with other REALTORS through your local board’s MLS® system and give your property maximum exposure. This type of cooperative effort may result in the listing agent sharing the commission with the selling agent. 

Posted By:Cindy