Exclusive-right-to-sell Listing Agreement
Listing where one agent is hired to exclusively represent the seller. If property sells, a fee is due regardless of the source of the buyer.
Buyer Agency Agreement
Employment agreement where the agent is hired to represent a buyer.
Exclusive-agency Listing Agreement
Listing where one agent is hired to exclusively represent the seller, but the seller retains the right to find a buyer on their own without having to pay a commission.
Listing where the seller may hire one or many agents on a "non-exclusive" basis, reserving the right to find a buyer themselves. Agents earn a fee only if they procure the buyer.
Listing where Broker is entitled to any amount of the sales price in excess of the agreed "net" to the seller. Indiana law requires the maximum fee be stated.
Listing where the Broker has the right or option to purchase the property. (Could raise conflict of interest issues).