Open Listing


Also found in: Dictionary, Financial.
Related to Open Listing: exclusive agency listing, net listing

Open Listing

A type of real estate listing contract whereby any agent who has a right to participate in the open listing is entitled to a commission if he or she produces the sale.

References in periodicals archive ?
However, in the real world, where brokers are pitching open listings to cold call potential buyers, this is not always possible.
Many multiple listing services, however, refused to deal in open listings and required that the listing agent have an exclusive agreement with the owner.
In a case where a property is listed on an open listing basis (meaning that many agents are notified that the property is available but no one is directly responsible for the marketing), there is a tremendous disincentive for the open listing broker to notify anyone that the property is available other than customers the agents have good relationships with.
18, 2015 /PRNewswire-iReach/ -- Open Listings, a new tech-enabled real estate brokerage (www.
We have 395 open listings in the Lane County area," said Kim Thompson, assistant manager of WorkSource Lane Employment Department.
The 17-year-old former Bablake School student is currently 548th on the current open listings and 13th in Britain.
The new Web site will offer the most updated information about available sales and rentals in New York City with no "bait and switch" tactics, no pop-up advertisements, no for-sale-by-owner listings, and no open listings.
Since 95 percent of the listings on industrial property were open listings, no one really knew if a property could be delivered or if a commission could be collected.