What type of listing is most likely when a seller finds a buyer without being obligated to pay a commission to the broker?

Study for the Pennsylvania Real Estate Salesperson Exam. Utilize flashcards and tackle multiple choice questions, each with hints and explanations. Prepare effectively for your certification!

The situation described involves a seller who manages to find a buyer without the need to pay a commission to a broker, which aligns with the nature of an exclusive agency listing. In this type of listing, the seller gives a broker the right to represent them in the sale of their property, but retains the right to sell the property independently. If the seller finds a buyer on their own, they are not obligated to pay the broker a commission, which is a distinctive feature of an exclusive agency listing.

This option allows sellers the flexibility to sell without additional costs if they secure a buyer themselves, while also having the broker’s assistance in marketing the property. This contrasts with other listing types, such as an exclusive right to sell, where the broker earns a commission regardless of who sells the property, or an open listing, which typically involves multiple brokers but may not offer as much exclusivity or dedication in representing the seller.

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