A newly licensed salesperson has negotiated with an experienced homebuilder to list a number of houses. The builder insisted that as a term of the listing agreement the builder would be allowed the right to personally sell the houses without paying a commission. This type of listing agreement is known as

In an exclusive right-to-sell agreement, the listing agent receives a commission regardless of who sells the property, including the owner. This type of agreement does not permit the owner to sell the property themselves without paying a commission, making it fundamentally different from an exclusive agency agreement.

A general listing agreement is not a commonly recognized term in real estate. Typically, this would imply a non-exclusive arrangement where multiple agents can list the property, leading to confusion about the rights and obligations surrounding commissions. It does not accurately describe the terms provided by the builder.

An open listing allows multiple agents to market the property, and only the agent who brings a buyer earns a commission. While it gives the owner flexibility, it does not grant the same protections or commitments as an exclusive agency agreement, since it does not specifically limit the owner's ability to sell independently.