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What kind of protection is offered by an Exclusive Agency listing?

User Aramis NSR
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Final answer:

An Exclusive Agency listing offers protection to the listing agent in terms of receiving a commission if the property is sold during the listing period.

Step-by-step explanation:

An Exclusive Agency listing provides protection for the listing agent in the form of a commission agreement.

It means that if the property is sold during the listing period, the listing agent is guaranteed to receive a commission, regardless of who sells the property.

However, if the seller finds a buyer without any involvement of the listing agent, no commission is owed.

User Jony Lalwani
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