What type of listing agreement allows the seller to contract with multiple agents but only pays a commission to the agent who finds a buyer?

The correct choice is a listing agreement that permits the seller to work with multiple agents at the same time while only paying a commission to the agent who successfully brings in a buyer. This is characteristic of an open listing.

In an open listing, sellers retain the ability to market their property through various real estate agents simultaneously. They are under no obligation to pay a commission to agents unless they are the ones who find a buyer for the property. This agreement provides flexibility for the seller to explore multiple avenues for selling their home without committing to just one agent.

In contrast, the other types of listing agreements mentioned each involve more exclusivity. An exclusive right-to-sell agreement grants one agent the sole right to sell the property and automatically entitles them to a commission if it sells, regardless of who finds the buyer. An exclusive agency listing also gives one agent the right to sell the property but allows the seller to find a buyer independently and avoid paying a commission. A net listing is a less common method where the seller specifies a minimum amount they wish to receive from the sale, and any amount over that becomes the agent’s commission. Thus, none of these options align with the features of an open listing.