Question

Suellen meets with licensee Nick to discuss selling the home where she has lived for 30 years. Suellen wants enough money from the sale to purchase a condo in a new community and buy some new furniture without going into debt. She tells Nick she needs to make $215,000 on the sale. Anything he can get over and above that amount will be his to keep. This is an example of a(n)

Answer 1

net listing, the seller sets a net amount that they will accept, anything above that amount is the agents to keep