An exclusive right to sell listing obtained by a broker associate belongs to whom?

An exclusive right to sell listing obtained by a broker associate is associated with the employing broker, as the listing contract is a legal agreement between the property owner and the broker, not the individual broker associate. When a broker associate operates under a licensed broker, the exclusive agreement typically names the employing broker as the party that holds the rights to market and sell the property.

This arrangement is designed to ensure that all transactions and commissions from sales conducted by the broker associate are processed through the employing broker. The employing broker is responsible for overseeing the activities of the broker associate and is usually the one who has the formal agreement with the property owner. While the broker associate may work closely with the client and take measures to sell the property, the rights associated with the listing belong to the broker, as they bear the liability and responsibility for the transaction.

Thus, the exclusive right to sell listing fundamentally ties back to the employing broker, aligning with the overall structure and regulatory framework of real estate transactions.