What is generally true about an exclusive right-to-sell agreement?

An exclusive right-to-sell agreement is a type of listing contract that provides the broker with the exclusive right to represent the seller in the sale of their property. The key feature of this agreement is that it guarantees the broker a commission regardless of who finds the buyer. This means that even if the seller themselves sells the property or another agent finds the buyer, the original broker still receives their agreed-upon commission.

This is beneficial for the broker as it provides them with a strong incentive to actively market the property and put in the necessary effort, knowing they will receive compensation for their work. The exclusivity aspect also helps ensure that the seller is committed to working with the broker, allowing for a focused sales strategy.

In contrast, options related to enforceability without a financial deposit, the ability for homeowners to represent themselves, and limiting the agent's responsibilities do not accurately reflect the nature and purpose of an exclusive right-to-sell agreement.