Which brokerage model allows a seller to specify a minimum amount they will accept for a property?

The correct answer is net listing. This brokerage model specifically allows the seller to set a minimum price they are willing to accept for their property. In a net listing agreement, the seller agrees to receive a predetermined amount from the sale, and any proceeds above that amount typically go to the broker as commission. This arrangement aligns the broker's incentive with the seller's goal of getting at least a certain amount for the property, as the broker stands to benefit from securing a higher sale price than the seller's specified minimum.

In contrast, an exclusive listing provides the broker with the exclusive right to sell the property, but does not specify a minimum sale price, leaving the listing price open to negotiation. An open listing is a non-exclusive agreement that allows the seller to contract with multiple brokers, hence not guaranteeing a minimum amount received. A buyer's agency agreement, on the other hand, emphasizes the relationship between a buyer and their agent, focusing on the buyer's needs rather than establishing terms related to the seller's accepted price for a property. Thus, the net listing distinctly provides the structure for a minimum price expectation from the seller.