The notes below are intended only to supplement a complete and diligent review of the related chapter in your course text. Studying these notes alone is not expected to be adequate test preparation.

Listing Agreement Chart

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The chart below compares some of the major characteristics of listing agreements and the differences.

	Listing Office Earns a Commission if:			Unilateral Contract	Bilateral Contract	Requires Definite Termination Date
	Listing Office Sells	Participating Office Sells	Owner Sells
OPEN LISTING
EXCLUSIVE AGENCY
EXCLUSIVE RIGHT TO SELL