Final answer:
Under an exclusive agency listing agreement, if the seller finds the buyer themselves, they owe no commission to the broker, as the broker did not contribute to finding the buyer.
Step-by-step explanation:
When a seller lists a property with a broker under an exclusive agency listing agreement, they have agreed that the broker is the only agent entitled to sell the property. However, this type of agreement usually specifies that if the seller finds a buyer on their own, without any help from the broker, the seller will owe no commission to the broker. This is because the broker has not participated in procuring the buyer. Therefore, in response to the student's question, if the seller finds a buyer in an exclusive agency listing agreement, the seller will owe no commission to the broker.