If a listing agreement states that the broker is entitled to a commission no matter who sells the property, what type of listing is this?

When a listing agreement specifies that the broker is entitled to a commission regardless of who sells the property, it indicates that the broker has the exclusive right to sell the property. This type of agreement is known as an exclusive right-to-sell listing.

In this arrangement, the broker earns a commission even if the property owner finds a buyer themselves or if another broker brings in a buyer. This provides a strong incentive for the broker to market the property vigorously, as they are assured of their commission for the efforts they put into selling the property.

In contrast, other types of listings, such as the open listing or exclusive agency listing, do not guarantee commission to the broker under the same terms, as open listings allow multiple brokers to sell the property without exclusivity, and exclusive agency listings allow the owner to sell without owing a commission if they find a buyer independently. A multiple listing refers to a service that broadcasts properties listed by various brokers to other brokers in the market but does not directly address the commission entitlement the way an exclusive right-to-sell listing does.