Examlex
Which of the following seeks to mirror the returns in the stock market rather than beat them?
Real Estate Broker
A licensed professional who acts as an intermediary between sellers and buyers of real estate, facilitating transactions for a commission.
Listing Contract
A contractual agreement between a property owner and a real estate broker authorizing the broker to find a buyer or tenant.
Open Listing
A non-exclusive contract allowing a property owner to sell their property themselves or to engage multiple agents without any obligation to pay commission except to the one who brings a valid offer.
Commission
A form of payment to an agent or employee based on the value of sales made or services provided.
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