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Business Glossary

Business Definition for: nonexclusive listing

Dictionary of Business Terms

nonexclusive listing

See also open listing

Dictionary of Real Estate Terms

nonexclusive listing

same as open listing .

Related Terms:

in real estate, listing given to any number of brokers without liability to compensate any except the one who first secures a buyer who is ready, willing, and able to meet the terms of the listing or secures the seller's acceptance of another offer. The sale of the property automatically terminates all open listings.

Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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