What type of listing involves the seller naming a minimum price they will accept, with excess commission going to the broker?

A net listing is a type of real estate listing where the seller specifies the minimum price they are willing to accept for their property. Any amount received above that minimum sale price is retained by the broker as commission. This arrangement incentivizes the broker to negotiate a higher sale price since their commission is based on the excess amount over the seller's stipulated minimum.

In contrast, an exclusive right to sell listing grants the broker the sole right to market the property and receive a commission regardless of who sells it, which does not involve a minimum price structure. An open listing allows multiple brokers to try to sell a property, and the seller pays a commission only to the broker who actually sells the property, lacking the elements of minimum pricing. An exclusive agency listing provides a similar structure to the exclusive right to sell listing but allows the seller to sell the property independently without owing a commission to the broker. Therefore, a net listing clearly stands out as the correct choice, given its distinct feature of setting a minimum price with any surplus going to the broker.