Wisconsin Real Estate Sales Practice Exam

In which situation would an exclusive agency agreement be beneficial for the seller?

1. To ensure a set commission

2. To avoid any commission payment

3. Flexibility in selling independently

4. To have multiple agents involved

The correct answer is: Flexibility in selling independently

An exclusive agency agreement is beneficial for the seller because it allows for flexibility in selling the property independently while still working with a real estate agent. In this type of agreement, the seller retains the right to sell the property themselves without owing a commission to the agent if they are the ones who find the buyer. This means that the seller can actively market the property on their own and avoid paying out commission fees if the sale is completed through their efforts. This setup is particularly attractive for sellers who believe they might be able to find a buyer without the agent's help but still want the professional assistance and marketing resources that an agent can provide. The seller maintains some control over the selling process and can benefit from agent services while having the incentive to find a buyer independently.