Definition of "Open listing" Judi Cason, Real Estate Agent Hamilton-Franklin Realty Llc Open Listing is a type of Listing where home sellers allow a real estate agent to sell their house, while not providing any kind of exclusiveness: other agents can also attempt to make the sale. Source: (Florida Realtors)Open Listing: The open listing agreement offers the lowest level of commitment.Any real estate agent who brings you a buyer can land the commission AND you reserve the right to sell the property on your own (without paying a commission) if you find your own buyer. The housing authority will accept applications for the waiting list until it closes. Closed list describes the variant of party-list proportional representation where voters can (effectively) only vote for political parties as a whole, and thus have no influence on the party-supplied order in which party candidates are elected. Exclusive Listings vs. Open Listings . An open listing agreement is a non-exclusive agreement, which means the owner may do open listings with multiple real estate brokers; or the owner himself can sell his property upon finding a potential buyer. Listing definition is - an act or instance of making or including in a list. In addition, the seller may promote and market the property on their own in an attempt to find a buyer. Open Now: The waiting list is currently open until the set close date in the future. They then pay only the broker who brings a buyer with an offer Important Terms & Definitions. (Amended 5/06) An open listing lets owners sell their homes by themselves. Once open, the housing authority will begin accepting applications for the waiting list. An exclusive listing means that your salesperson or broker will be marketing the home on your behalf, without posting it on the Multiple Listings Service (MLS). Exclusive right to sell listing: In this agreement, the agent gets paid no matter who sells the property, regardless of whether it’s the agent or the seller. Open Listing . How to use listing in a sentence. It is a non-exclusive agreement, meaning the owner may execute open listings with more than one real estate broker. If voters have at least some influence, then it is called an open list.. Open Listing In real estate, a situation in which multiple agents list the same house or property. He eventually pays only the broker who finds the buyer. The agent able to sell the property collects the commission. Opening Soon: The waiting list has a set open date in the future. An open listing often occurs when the homeowner needs to sell the property quickly or when the property is otherwise difficult to sell. No fee is earned if the owner alone sells the property. An open listing agreement is a contract between a seller hiring the services of a real estate agency on a non-exclusive basis to sell their property.Under an open listing, the seller may also enter into agreements with other real estate agencies in order to sell their property. Open Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker only if the property is sold through the efforts of the listing broker. Real estate agents tend to prefer exclusive listings over open listings that only pay about half the usual commission rate. Exclusive agency listing: Agents get paid in this type of agreement only if they sell the property. open listing synonyms, open listing pronunciation, open listing translation, English dictionary definition of open listing. Define open listing. 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