An open listing is a non-exclusive agreement between a seller and a real estate broker. The seller can work with multiple agents and is not obligated to pay a commission if the property is sold by someone else, such as themselves.
Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com