Which agreement guarantees a commission for the broker regardless of who sells the property?

The exclusive right-to-sell agreement guarantees a commission for the broker regardless of who sells the property, including the owner. Under this type of agreement, the property owner agrees to pay a specified commission to the broker if the property is sold during the term of the agreement, no matter if the sale occurs through the efforts of the broker or if the owner finds a buyer independently. This arrangement provides the broker with a strong incentive to actively market and sell the property, knowing that they will receive a commission for their efforts.

In contrast, an open agency agreement does not provide exclusive rights to any one broker. Multiple brokers may market the property, and the one who brings in the buyer earns the commission, allowing for competition among brokers.

An exclusive agency agreement grants one broker the exclusive right to market the property but allows the owner to retain the right to sell the property themselves without paying a commission, which means the broker's commission is not guaranteed if the owner sells the property.

A buyer agency agreement is focused on representing the interests of the buyer rather than the seller and does not pertain to the seller's obligation to pay a commission regardless of who sells the property.

Therefore, the exclusive right-to-sell agreement is distinct in its guarantee of commission for