Which type of listing agreement provides a commission to the broker regardless of who sells the property?

The exclusive right to sell listing agreement is designed to ensure that the broker receives a commission regardless of who ultimately sells the property. Under this arrangement, the broker has the sole right to market the property and owes fiduciary responsibilities to the seller, including promoting the property effectively and negotiating the best terms. This means that even if the seller finds a buyer independently, the broker is still entitled to their commission, ensuring a guaranteed financial reward for the effort and resources they invest in selling the property.

In contrast, an exclusive agency allows the seller to sell the property independently without paying a commission to the broker if they secure a buyer on their own. An open listing permits multiple brokers to list the property, with only the broker who finds a buyer earning a commission, creating a competitive scenario that doesn't guarantee financial compensation to any single broker. Dual agency pertains to a scenario where a broker represents both the buyer and the seller in the same transaction, but it does not relate to commission entitlement in the same way as the exclusive right to sell agreement.