Explain each of three types of listing agreements discussed


Problem

Jill owns a residence and surrounding acreage in Cedar Falls, Iowa. She wants to sell the property with the help of a broker, but she also wants the freedom to sell the property herself without paying a commission. Given Jill's goals, explain (i) each of the three types of listing agreements we discussed, and (ii) whether each will or will not work for Jill's needs.

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