North Carolina Real Estate Commission NC Real Estate Broker National NCREC-Broker-N Question # 4 Topic 1 Discussion

North Carolina Real Estate Commission NC Real Estate Broker National NCREC-Broker-N Question # 4 Topic 1 Discussion

NCREC-Broker-N Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

A seller discusses listing their home with a broker. The seller tells the broker that when the house sells, the seller wants $200,000 in their pocket at closing, and the listing brokerage can keep any amount beyond that as their commission. What does this scenario describe?


A.

Exclusive agency listing


B.

Exclusive right to sell listing


C.

Net listing


D.

Open listing


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