What type of listing agreement in Indiana ensures the broker is compensated regardless of who sells the property?

The exclusive-right-to-sell listing is a type of agreement that guarantees the broker will receive a commission regardless of who ultimately sells the property. This means that even if the seller finds a buyer independently, the broker is still entitled to their commission. This type of listing agreement provides a strong incentive for the broker to put forth maximum effort in marketing the property since their compensation is assured.

In this arrangement, the broker has exclusive rights to represent the seller in the sale of the property. This ensures that the broker has a vested interest in selling the property efficiently and effectively, which can lead to a more proactive approach in marketing, negotiations, and closing the sale.

Contrasting this with the other types of listing agreements: an open listing allows the seller to work with multiple brokers and only pays the broker who brings a buyer; an exclusive agency listing allows only one broker to sell the property, but if the seller finds a buyer without the broker's assistance, the broker does not receive a commission; and a net listing sets a price for the seller and allows the broker to keep any amount received over that price, but it can lead to ethical issues and is not a common practice in Indiana.