Which type of listing allows the seller to keep all proceeds if they sell the property themselves?

The correct answer is the type of listing known as Exclusive Agency. In an Exclusive Agency listing agreement, the seller engages a real estate agent to market the property but retains the right to sell the property independently. If the seller successfully finds a buyer without the agent's assistance, they do not owe a commission to the agent and can keep all the proceeds from the sale. This arrangement benefits sellers who are confident in their ability to market and sell their property on their own, while still allowing them to utilize the agent's resources and marketing efforts.

In contrast, Exclusive Right to Sell agreements ensure that the agent receives a commission regardless of who sells the property. An Open Listing gives the seller the flexibility to work with multiple agents and also sell the property independently, but it typically offers no guaranteed commission to any specific agent unless they are the one who finds the buyer. A Hybrid Listing is a less common term and can refer to various arrangements that blend aspects of different listing types, but it doesn't specifically highlight the seller's right to keep proceeds under the same conditions as an Exclusive Agency agreement. Understanding these distinctions is crucial for real estate practitioners and sellers alike.