An exclusive right to sell listing obtained by a broker associate belongs to whom?

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Prepare for the Minnesota Real Estate Exam. Enhance your knowledge with flashcards and multiple-choice questions, each complemented by detailed hints and explanations. Ace your licensing exam!

In an exclusive right to sell listing, the agreement is made between the seller and the employing broker rather than the broker associate. The listing grants the employing broker the right to represent the seller, and any commissions earned from the sale are owed to the employing broker. Even if a broker associate facilitates the listing and works directly with the seller, the legal contract and its associated rights and obligations belong to the employing broker. This structure delineates how real estate transactions operate within the context of agency relationships, emphasizing the role of the broker as the primary party in the agreement.

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