A net listing may be used in which type of listing, provided it is legal?

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A net listing can be utilized in various types of real estate listings, and it is legal in many jurisdictions when specific conditions are met. The answer indicates that net listings can be applied to open listings, exclusive agency listings, or exclusive right-to-sell listings, which aligns with how net listings are defined and executed.

A net listing is structured so that the seller sets a minimum amount (net) they wish to receive from the sale of the property. The agent's commission is essentially anything above that net amount. This arrangement can be found in all three types of listings mentioned.

Open listings allow multiple agents to market the property, and if one successfully finds a buyer, they receive the commission. In exclusive agency listings, the seller maintains the right to sell the property independently while offering a commission to the agent if they secure a buyer. Exclusive right-to-sell listings grant the agent the sole right to sell the property and receive a commission regardless of whether the seller finds the buyer.

The legal nuances of net listings often depend on state regulations, and while they can be feasible in several listing types, it's important to ensure they align with local real estate laws and practices. Therefore, the provided answer reflects the flexibility of net listings in various contractual arrangements between

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