Shared Flashcard Set

Details

Listing Agreements- Chap. 10
Essential of New Jersey Real Estate, 12th Edition
6
Real Estate & Planning
Not Applicable
09/28/2016

Additional Real Estate & Planning Flashcards

 


 

Cards

Term
Comparative market analysis
Definition
price comparison for seller’s use when listing

 

 

Term
Exclusive-agency listing

 

 

Definition
listing that promises broker will be paid unless owners sell on their own

 

 

Term
Exclusive-right-to-sell listing

 

 

Definition
listing that states broker will be paid no matter who sells

 

 

Term
Multiple listing service

 

 

Definition
organization of brokers who work to sell each other’s listings

 

 

Term
Net listing

 

 

Definition
illegal listing; broker keeps everything above a certain figure

 

 

Term
Open listing

 

 

Definition
listing given to any number of brokers; only selling broker is paid

 

 

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