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Yes. Unethical and bad business, but legal

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13y ago

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Q: Is a Net Listing legal in Nevada?
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Is net price listing legal in Alabama?

No. In Alabama, a net listing is illegal.


Is net listing legal in MO?

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Is Net Listing agreement illegal in pa?

When listing your home with a real estate broker, different options are available, one of which is net listing over the Internet. A net listing specifies the amount of money that is wanted for the sale. The broker keeps any extra money over that amount as a commission. The problem with this is that the broker is allowed to increase the price the seller wants to make more profits for themselves. This can lead to a conflict of interest for the broker and can affect the ethical nature in which the sale is done. For this reason it is illegal in many states to have a net listing agreement, however net listing is perfectly legal in Pennsylvania. Net listing can be a good way to scam unsuspecting buyers that are far away geographically from the property that are unable to physically see the property. Buying a property or anything over the Internet that is not from a reputable source is sketchy at best.


Can A Texas Real Estate Broker take a Net Listing?

Yes, texas real estate broker can take a net listing.


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A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.


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