In what scenario does a seller owe no commission to the listing broker?

In the context of real estate transactions in Colorado, a seller would owe no commission to the listing broker in an exclusive agency scenario if they sell the property themselves. An exclusive agency agreement allows the seller to retain the right to sell the property independently without incurring a commission fee to the listing broker, as long as the seller is the one making the sale.

In essence, exclusive agency agreements promote a relationship where the broker is designated as the agent to sell the property while giving the seller the flexibility to find a buyer on their own. Therefore, if a seller successfully sells the property without the involvement of the broker, they are not obligated to pay the commission they would have owed if the broker had facilitated the sale.

Understanding this arrangement is crucial as it informs sellers about their rights and potential savings when choosing to engage with listing brokers.