Exclusive Listings vs. Open Listings . An open listing often occurs when the homeowner needs to sell the property quickly or when the property is otherwise difficult to sell. Listing definition is - an act or instance of making or including in a list. An open listing agreement is a non-exclusive agreement, which means the owner may do open listings with multiple real estate brokers; or the owner himself can sell his property upon finding a potential buyer. In addition, the seller may promote and market the property on their own in an attempt to find a buyer. Opening Soon: The waiting list has a set open date in the future. Define open listing. Closed list describes the variant of party-list proportional representation where voters can (effectively) only vote for political parties as a whole, and thus have no influence on the party-supplied order in which party candidates are elected. The housing authority will accept applications for the waiting list until it closes. Important Terms & Definitions. Open Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker only if the property is sold through the efforts of the listing broker. An open listing agreement is a contract between a seller hiring the services of a real estate agency on a non-exclusive basis to sell their property.Under an open listing, the seller may also enter into agreements with other real estate agencies in order to sell their property. If voters have at least some influence, then it is called an open list.. Exclusive agency listing: Agents get paid in this type of agreement only if they sell the property. No fee is earned if the owner alone sells the property. Exclusive right to sell listing: In this agreement, the agent gets paid no matter who sells the property, regardless of whether it’s the agent or the seller. Source: (Florida Realtors)Open Listing: The open listing agreement offers the lowest level of commitment.Any real estate agent who brings you a buyer can land the commission AND you reserve the right to sell the property on your own (without paying a commission) if you find your own buyer. Definition of "Open listing" Judi Cason, Real Estate Agent Hamilton-Franklin Realty Llc Open Listing is a type of Listing where home sellers allow a real estate agent to sell their house, while not providing any kind of exclusiveness: other agents can also attempt to make the sale. It is a non-exclusive agreement, meaning the owner may execute open listings with more than one real estate broker. Once open, the housing authority will begin accepting applications for the waiting list. Open Listing In real estate, a situation in which multiple agents list the same house or property. An exclusive listing means that your salesperson or broker will be marketing the home on your behalf, without posting it on the Multiple Listings Service (MLS). They then pay only the broker who brings a buyer with an offer How to use listing in a sentence. (Amended 5/06) Open Now: The waiting list is currently open until the set close date in the future. The agent able to sell the property collects the commission. He eventually pays only the broker who finds the buyer. Real estate agents tend to prefer exclusive listings over open listings that only pay about half the usual commission rate. Open Listing . open listing synonyms, open listing pronunciation, open listing translation, English dictionary definition of open listing. An open listing lets owners sell their homes by themselves. Open, the seller may promote and market the property collects the.. Listing pronunciation, open listing synonyms, open listing lets owners sell homes... 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