An open listing can include which of the following?

• A. Owner may employ multiple agents to locate a purchaser
• B. Commission is guaranteed to the broker
• C. Owner cannot sell the house himself
• D. The brokerage must deliver a written copy to all owners

Answer: (A)

Open listings are non-exclusive agreements, meaning the seller can hire more than one broker to find a buyer and can also sell the property themselves without owing a commission to a broker unless a broker actually procures the buyer. This makes the statement that the owner may employ multiple agents to locate a purchaser the best description of an open listing. The commission is not guaranteed to the broker in an open listing; payment depends on which party brings in a buyer and the terms of the agreement. The owner is free to sell the property themselves, so the idea that the owner cannot sell it themselves is incorrect. There isn’t a requirement that a brokerage must deliver a written copy to all owners, which further confirms why that option isn’t describing an open listing.