What type of listing agreement allows a seller to work exclusively with a broker while retaining the right to sell to specific buyers?

Prepare for the Georgia Real Estate Pre-Licensing Test with comprehensive flashcards and multiple choice questions, complete with hints and explanations. Set yourself up for success!

The Exclusive Agency Listing is a type of listing agreement where the seller retains the right to find a buyer themselves while still working exclusively with a broker. This means that if the seller sells their property without the broker's help, they do not owe a commission to the broker. However, if the broker finds a buyer who ultimately purchases the property, the seller will owe the agreed-upon commission to the broker. This arrangement gives the seller more flexibility, allowing them to continue marketing their property independently to specific buyers while benefiting from the broker's services.

In contrast, other listing agreements, such as the Exclusive Right to Sell Agreement, would require the seller to pay the commission regardless of who finds the buyer. The Open Listing allows multiple brokers to market the property without exclusivity, which does not align with the seller's desire for an exclusive relationship. A Net Listing involves setting a minimum price for the seller, where the broker keeps any amount over that price, which is a different structure altogether.

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