In Determining the Appropriate Listing Contract to Be Used, It

question 24

Multiple Choice

In determining the appropriate listing contract to be used, it is important to know whether a multiple listing service (MLS) will be employed. The MLS only accepts which of the following types of listing contracts?

• A) Open listing
• B) FSBO listing
• C) Exclusive agency listing
• D) Exclusive right of sale listing

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Definitions:

Career Plans

A detailed layout of steps and goals designed to enhance an individual's career progression and success.

Developing Opportunities

The process of identifying, creating, or discovering new prospects or areas for growth and improvement in a personal, professional, or organizational context.

Planning Time Horizons

The periods over which organizations or individuals plan their activities and objectives, typically categorized as short, medium, or long term.

Short-Range Plans

Strategies and actions that are intended to achieve goals within a relatively brief period, typically up to one year.