Question

If three brokers were involved in an open listing, and one of the brokers sold the property, then:

Answer 1

In an open listing arrangement, if one broker out of three sells the property, that specific broker will receive the commission.

Step-by-step explanation:

In an open listing arrangement, multiple brokers are allowed to market a property, and the commission is only paid to the broker who successfully sells the property. If three brokers were involved in an open listing and one of them sold the property, then that specific broker would be entitled to the commission.