Net Listing

A set price, expressly agreed upon by the principal and agent, below which the property will not be sold, and at which price the agent will not receive a commission; the agent will only receive any amount in excess of the net listing as his/her commission. It is important to note that this type of commission is unlawful in some states.

Previous Post

Net-net-net Lease (Triple Net Lease)

Next Post

Offset (Set-off)