What type of listing guarantees commission for a broker even if the seller finds the buyer?

The exclusive right-to-sell listing is a type of agreement where the broker is guaranteed a commission regardless of who finds the buyer, including the seller themselves. In this arrangement, the broker has the exclusive right to market the property, and if the property sells during the listing period, the broker earns a commission, protecting their financial interests and incentivizing them to actively promote the sale of the property.

This structure is beneficial for brokers as it provides assurance of payment, motivating them to invest resources and efforts into marketing the property. It also simplifies the process for sellers, as they do not need to navigate multiple agents, and they have a single point of contact for the sale.

In contrast, exclusive agency listings allow the seller to retain the right to sell the property themselves without owing a commission to the broker in that case. Open listings do not provide exclusivity to any broker and usually result in a commission only if the broker finds the buyer. Basic listings typically do not exist as a standard term in real estate practice.