Final answer:
Net listings are not limited to open listings and can indeed lead to conflicts of interest because they create a scenario where the real estate agent's commission depends on selling the property above a certain price. The correct option is
true
Step-by-step explanation:
Net listings are not exclusively used with open listing agreements; they can be used with other types of real estate listing agreements as well. The statement that net listings are only used with open listings is false. Regarding conflicts of interest, it is true that net listings can lead to conflicts of interest between the seller and the real estate agent. This conflict arises because, in a net listing, the agent's commission is any amount that exceeds a set price agreed upon between the seller and the agent. If a home sells for more than the set price, the agent keeps the excess, incentivizing them to sell the property at the highest possible price, which might not always align with the best interests of the seller.
The correct option is true