Which type of listing requires the seller to pay a commission if another party sells the property?

The correct answer is that an Exclusive Right to Sell Listing requires the seller to pay a commission if another party sells the property. In this type of agreement, the seller grants one listing agent or broker exclusive rights to market and sell the property. Regardless of who finds the buyer—whether it's the agent, the seller themselves, or another agent—the listing agent is guaranteed a commission upon the sale. This arrangement is beneficial for the agent, as it provides them with the assurance of compensation for their efforts.

In contrast, an Exclusive Agency Listing allows the seller to retain the right to sell the property themselves without paying a commission, unless the listing agent is the one who brings the buyer. An Open Listing is non-exclusive, meaning multiple agents can represent the property, and only the agent that brings a buyer is entitled to a commission. A Net Listing, on the other hand, is structured around a minimum amount the seller wants to receive from the sale, and any amount above that is considered the agent's commission. Therefore, the Exclusive Right to Sell Listing is specifically designed to ensure that the agent receives a commission if the property sells, regardless of how the buyer is found.