Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: - The critical differences between Exclusive Right to Sell and Exclusive Agency agreements. - How to identify an Open Listing and why it is considered a unilateral contract. - The definition of procuring cause and its role in earning commissions. - Why Net Listings are considered unethical and are often illegal in many states. - The essential requirement for definite termination dates in all valid listing contracts. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep