Net listing definition

A net listing:

  1. May be taken on an exclusive right to sell listing.
  2. The seller states the sum of money that he or she wants to net after the sale.
  3. Both a and b
  4. Neither a and b.

The answer is B. A net listing may be taken on an open, exclusive agency, or exclusive authorizations and right-to-sell basis. Answer choice B gives the definition of a net listing.