Net listing definition

Net listing means a listing agreement under which the real estate commission is the difference between the actual selling price of the property and a minimum selling price as set by the seller.
Net listing means an agreement in which a prospective seller lists Real Estate for sale with an authorization to a Broker to sell at a specified net dollar return to the seller and which provides that the Broker may retain as Commission the difference between the specified dollar return to the seller and the actual sales price.
Net listing means a listing agreement that provides for a stipulated net price to the owner and the excess over the stipulated net price to be received by the licensee as the fee compensation or other valuable consideration;

Examples of Net listing in a sentence

  • REEB 24.09 Securing agency agreements.REEB 24.10 Net listing prohibited.

  • For the environmental impact (24), it focuses on materials (2), energy (4), water (3), biodiversity (3), emissions, effluents and waste (10), product and service (2), compliance (1) and generalities (1).

  • Here, the contracting officer was unwilling to accept AMI’s self-certification in its bid because the SIC code that applied to this particular procurement did not appear on the SBA’s PRO -Net listing for AMI.

  • REEB 24.10 is amended to read: REEB 24.10 Net listing prohibited.

  • Net listing A listing contract close the seller and the seller's.


More Definitions of Net listing

Net listing means a listing contract in which the broker receives as a commission all excess moneys over and above the minimum sales price agreed upon by the broker and seller;
Net listing means a Listing in which the commission paid is the excess of the sale price over an agreed-upon (net) price to the seller.
Net listing means a Listing in which the commission paid is the excess of the sale price over an agreed-upon (net) price to the seller. Net listings are not accepted by PACMLS.
Net listing means a listing agreement based on the net price the seller will receive if the property is sold. Under a net listing a broker can offer the property for sale at the highest price obtainable to increase the commission. This type of listing is illegal in many states.
Net listing means a brokerage service agreement in which, at some point, the benefit of negotiating a higher price for the seller or a lower price for the buyer accrues only to the agent or brokerage firm and not to the client. Net listing is a prohibited practice. See Rule 4.8(e).
Net listing means an agreement to sell or lease real estate for a stated price that authorises the licensed agent or salesper son to keep money in excess of the stated price received from the sale or lease;
Net listing means a listing agreement under which the real estate commission is the difference between the actual selling price of the property and a minimum selling price as set by the seller. (25)(a) "Non-certified education" means a continuing education course offered outside of Utah, but for which a licensee