Which statement best defines a multiple listing?

• A. A standard exclusive right to sell that is kept by one broker
• B. A special type of exclusive right to sell listing shared with other brokers
• C. A short-term rental listing
• D. A silent listing not disclosed to other brokers

Answer: (B)

A multiple listing is a listing that goes into a cooperative database used by licensed brokers so other brokers can see it and help sell it. It’s typically tied to an exclusive-right-to-sell arrangement, but the key point is that the listing is shared with the brokerage community, allowing cooperation and a share of the commission. This is why it fits the description of a special type of exclusive-right-to-sell listing that is shared with other brokers.

It isn’t just a private listing kept by one broker, and it isn’t a short-term rental listing. It also isn’t a silent listing, which would be kept hidden from other brokers and wouldn’t appear in the cooperative system.