Which type of listing allows a seller to sell their property on their own without paying a commission?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

The type of listing that allows a seller to sell their property on their own without paying a commission is known as an open listing. This arrangement permits the seller to retain the right to sell the property independently, meaning they can do so without incurring a commission to a broker if they successfully find a buyer themselves.

In an open listing, multiple brokers may be involved, but only the broker that brings in a buyer is entitled to a commission. This flexibility gives the seller greater control over the sale process and the potential to avoid paying a commission if they are able to handle the sale directly.

In contrast, an exclusive right to sell listing guarantees a commission to the broker regardless of who sells the property, even if the seller finds the buyer on their own. An exclusive agency listing allows the seller to sell independently as well, but it typically does obligate the seller to pay a commission if the broker brings a buyer. A flat fee listing involves paying a predetermined fee for certain services, regardless of the outcome of the sale. Thus, these other listing types differ fundamentally from an open listing in how commissions and responsibilities are structured.

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