open listing
- An agreement where the owner can employ multiple real estate agents to sell a property, and is not obligated to pay a commission if the property is sold directly by the owner
- The owner chose an open listing approach to sell her house quickly.
- With an open listing, the owner has the freedom to sell his property on his own and avoid any agent's commission fees.
- The real estate agent was aware that he was just one of many agents working on an open listing agreement.
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