Real Estate Tips from Bob Rich-Listing Your Property

There are three common ways to list your property for sale:
OPEN LISTING: The seller agrees to pay a commission if the agent finds a buyer who will meet the terms. The seller can also sell his own home or can have more than one agent sell it. Since the agent can lose the listing at the whim of the seller, don’t expect as much effort on the part of the agent.
EXCLUSIVE LISTING: The property will be sold through a specific office.
Knowing that a full commission will be paid (or half a commission if the sale is made in cooperation with another office) you can be sure of a concerted effort.
MULTIPLE LISTING: You contract with one office which agrees to distribute the listing to all the offices that belong to the local multiple listing service. Even though many office will work on your property, you pay only one commission. Multiple listing is a form of exclusive listing which assures the widest exposure of your property.