What type of listing allows multiple agencies to have the same property listed simultaneously?

The type of listing that allows multiple agencies to have the same property listed simultaneously is the open listing. In an open listing agreement, a property owner can list their home with several real estate agents at the same time. This means that any of these agents can facilitate a sale, and the seller is only required to pay a commission to the agent who brings in the buyer. This arrangement is advantageous for sellers looking for maximum exposure and is often used for properties that the seller believes are easy to sell without exclusive representation.

An exclusive listing, on the other hand, restricts the listing to one agency, which means that the seller would not be able to work with multiple agents simultaneously. The MLS listing is a type of agreement where properties are listed in a multiple listing service but typically involves exclusive listings. An entry-only listing is a service provided by a broker where a seller lists the property but handles many aspects of the sale on their own, again not allowing for simultaneous listings by multiple agencies.