National Salesperson Practice Exam - Comprehensive Prep, Practice Test & Study Guide

The exclusive-right-to-sell listing is a type of agreement in real estate that provides several key protections and obligations for the broker involved in the transaction. This type of listing grants the designated broker the right to act on behalf of the seller and ensures that the broker will earn a commission regardless of who ultimately finds the buyer, including the seller themselves.

Option C is correct because it points out that the exclusive-right-to-sell listing protects the broker’s commission for a specified duration. This means that for the duration of the listing period, the broker is entitled to the commission even if the seller finds a buyer independently. This incentivizes brokers to actively market the property and invest time and resources into selling the home, knowing that their efforts will be rewarded.

The other options do not align with the characteristics of an exclusive-right-to-sell listing. For example, in this type of agreement, the seller would owe a commission even if they find a buyer themselves, which refutes the idea that they would not owe a commission. Additionally, the broker has the authority to sell the property on behalf of the owner, contrary to the option that suggests they cannot. Lastly, the seller retains the right to negotiate with buyers during the listing period, which goes against the