A couple lists their home and subsequently sells it without paying a commission. The listing was MOST likely what type?

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Study for the Maryland Home Improvement PSI Exam. Utilize flashcards and multiple-choice questions with detailed hints and explanations to prepare. Enhance your knowledge and boost your confidence for exam day!

An exclusive agency listing allows the seller to retain the right to sell the property on their own without owing a commission to the real estate agent if they find a buyer independently. This type of listing typically gives the agent the exclusive right to market the property and represent the seller, but if the seller themselves successfully finds a buyer without the agent's assistance, they do not have to pay a commission.

In this scenario, since the couple sold their home without paying a commission, it indicates they likely sold it on their own, which aligns perfectly with the characteristics of an exclusive agency listing. This arrangement provides a level of flexibility for the seller while still engaging an agent in the marketing process.

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