Which type of listing is not permitted in Washington state?

In Washington state, net listings are not permitted because they can create potential conflicts of interest and ethical dilemmas for real estate agents. A net listing is structured such that the seller specifies the minimum amount they wish to receive from the sale of their property. Any amount above this minimum becomes the agent's commission. This can incentivize agents to sell properties for a higher price regardless of the market conditions, which can be contrary to the best interests of the seller.

In contrast, exclusive agency, exclusive right to sell, and open listings are allowed in Washington. The exclusive agency listing allows the seller to retain the right to sell their property and avoid paying a commission if they do so independently. The exclusive right to sell grants the agent the sole authority to sell the property and guarantees them a commission regardless of who finds the buyer. Open listings allow multiple agents to market the property, making it easier for sellers to find buyers but offering less control to a particular agent. This variety of listing types helps agents and sellers tailor agreements to their specific needs while maintaining ethical standards in real estate transactions.