What type of listing agreement allows multiple brokers to sell a property, but is nonexclusive?

An open listing agreement allows multiple brokers to sell a property, but it is nonexclusive. This means that the property owner can engage as many brokers as they wish, and the first one to bring a buyer who successfully completes a transaction will earn the commission. Since the seller retains the right to sell the property on their own, an open listing often creates a competitive environment among brokers, as they strive to find a ready buyer while not being guaranteed a commission unless they are the one who closes the sale. This flexibility is beneficial for sellers looking to maximize exposure while minimizing commitments to any single broker. The other types of listing agreements, such as exclusive listings and exclusive rights to sell, tie the seller to a specific broker, limiting the potential for multiple broker involvement in the sale.