What type of listing contract allows a broker to earn commission regardless of who sells the property?

The exclusive right to sell listing is a type of listing contract that guarantees the broker will earn a commission regardless of who ultimately sells the property. This means that even if the property owner finds a buyer themselves, the broker is still entitled to their commission because they hold the exclusive right to represent the seller in the sale.

In this arrangement, the seller cannot enter into any other agreements with other brokers that would entitle them to sell the property during the term of the contract. This provides security for the broker, as it ensures that their efforts in marketing and selling the property will be rewarded, enhancing their motivation to actively promote the listing. Consequently, this type of agreement is often preferred by real estate agents and brokers as it maximizes their potential to earn a commission.

The other types of listing agreements, such as net listings, open listings, and exclusive agency listings, have different conditions regarding commission entitlement and seller representation, which do not guarantee that the broker will receive payment regardless of who sells the property.