Colorado Sales License Practice Test 2025 – Your All-in-One Guide to Passing the Exam!

An exclusive right to sell listing is a specific type of listing agreement that grants one broker the exclusive authority to market and sell a property. This means that regardless of who finds the buyer, whether it is the listing broker, another agent, or the seller themselves, the broker will receive a commission from the sale. This type of agreement is beneficial for both the broker and the seller, as it ensures that the broker is motivated to actively market the property, knowing they will earn a commission for their efforts. This exclusivity often encourages brokers to invest more resources into effectively promoting the property. In contrast, other options presented do not accurately define this type of listing, such as options related to guarantees (which don't apply), methods to sell without representation (which contradicts the essence of exclusive representation), or rental agreements (which are unrelated to sales listings).