Who is a "listing broker"?

Get ready for the Georgia Broker Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Upgrade your skills for success!

A "listing broker" is defined as the broker who has the exclusive right to represent the seller in the transaction of their property. This role is crucial in real estate transactions because the listing broker markets the property, negotiates offers, and ultimately facilitates the sale. By holding the exclusive right to sell, this broker has a contractual agreement with the seller that grants them authority to act on behalf of the seller's interests.

In this capacity, the listing broker will typically work to ensure that the property is presented effectively to potential buyers. They may utilize various marketing strategies, set the listing price, and advise the seller on improvements to make the property more attractive. This exclusive relationship is vital for establishing clear lines of communication and accountability during the transaction process.

The other roles outlined in the choices are different from that of a listing broker. The focus of the listing broker is solely on representing the seller, which differentiates it from the buyer's representative or other intermediary roles.

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