What type of listing agreement allows a seller to list their property with multiple brokers?

The open listing agreement allows a seller to engage multiple brokers simultaneously to sell their property. This type of agreement provides the seller with the flexibility to see various marketing strategies and pricing approaches from different agents. It also means that the seller is only obligated to pay a commission to the broker who successfully brings a buyer to the table and closes the sale.

In contrast, an exclusive agency agreement permits the seller to work with one broker while retaining the right to sell the property themselves without owing a commission to the broker if they do. The exclusive right to sell agreement provides the broker with a monopoly on the listing, guaranteeing that they will earn a commission regardless of who sells the property. Lastly, a net listing is a type of agreement where the broker receives any amount over a specified price set by the seller; it’s not related to the number of brokers involved and can sometimes lead to ethical concerns regarding pricing and transparency.

The open listing structure aligns with the seller's desire to maximize exposure and flexibility in their selling strategy.