Which agreement creates an exclusive relationship between a seller and a broker while allowing the seller to find buyers?

The exclusive agency listing is the correct choice because it establishes an exclusive relationship between a seller and a broker while still permitting the seller to actively seek out buyers independently. In this arrangement, the broker is entitled to a commission if they facilitate the sale, but if the seller finds a buyer on their own, they have the right to complete the sale without owing a commission to the broker.

This type of listing offers the seller the flexibility to pursue leads they generate, differentiating it from other listing agreements where the broker holds more control over the sales process. In contrast, the exclusive right-to-sell listing guarantees the broker a commission regardless of who finds the buyer, and the open listing allows multiple brokers to represent the seller without exclusivity. The buyer representation agreement, on the other hand, pertains to a relationship where a broker advocates for the buyer, not the seller.