{"id":107625,"date":"2025-10-29T17:13:59","date_gmt":"2025-10-30T00:13:59","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=107625"},"modified":"2025-10-29T17:13:59","modified_gmt":"2025-10-30T00:13:59","slug":"net-listing","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/net-listing\/","title":{"rendered":"Net Listing in Real Estate: How It Works, and Why It\u2019s Controversial"},"content":{"rendered":"<p><b>Key takeaways<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A net listing can pose serious conflicts of interest, as agents may prioritize personal profit over the seller\u2019s best outcome.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They\u2019re illegal in most states, with only a few like California, Texas, and Florida permitting them under strict regulations.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Violating net listing laws can lead to severe penalties, including license loss, lawsuits, and potential fraud charges.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Safer options like standard commissions and seller\u2019s net sheets provide clearer, fairer, and more transparent compensation structures.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When selling a home, one of the most important decisions a property owner makes is the type of listing agreement they sign with their real estate agent. Most sellers are familiar with standard commission models, but there\u2019s another, more controversial option called a net listing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Net listings, though rare and even illegal in most states, occasionally come up as an alternative way to compensate real estate professionals. However, they come with significant legal, ethical, and financial risks that are imperative to understand. So whether you\u2019re looking for <\/span><a href=\"https:\/\/www.redfin.com\/city\/16904\/CA\/San-Diego\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">homes in San Diego, CA<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.redfin.com\/city\/29470\/IL\/Chicago\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">houses in Chicago, IL<\/span><\/a><span style=\"font-weight: 400;\">, In this Redfin real estate guide, we\u2019ll break down what a net listing is, why it\u2019s so controversial, and whether it\u2019s the right choice for you in today\u2019s market.<\/span><\/p>\n<h2><b>What is a net listing?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A net listing is a type of listing agreement where the seller sets a bottom-line price, and the real estate broker keeps any amount above that price as their <\/span><a href=\"https:\/\/www.redfin.com\/blog\/how-much-is-real-estate-agent-commission-buyer-seller\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">commission.<\/span><\/a><span style=\"font-weight: 400;\"> The broker\u2019s commission is then the difference between that minimum amount, called the \u201cnet\u201d, and the actual sale price.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So essentially, the seller sets a bottom-line price, and the real estate broker keeps any amount above that price as their commission. This model can be appealing to sellers who need to clear a specific amount from the sale, but it introduces potential conflicts of interest that make it highly controversial.<\/span><\/p>\n<h2><b>How net listings work<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The structure of a net brokerage agreement is simple in theory but complex in practice. Here\u2019s how it typically works:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Seller sets a minimum price:<\/b><span style=\"font-weight: 400;\"> The homeowner decides the lowest amount they\u2019re willing to accept for the property.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Broker aims for a higher sale price:<\/b><span style=\"font-weight: 400;\"> The real estate agent markets the property and negotiates with buyers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Commission equals the difference:<\/b><span style=\"font-weight: 400;\"> Any amount above the seller\u2019s minimum price becomes the broker\u2019s commission.<\/span><\/li>\n<\/ol>\n<h3><b>Example:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Let\u2019s say a homeowner signs a net listing agreement with a broker:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Net price (minimum amount seller wants):<\/b><span style=\"font-weight: 400;\"> $500,000<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Final sale price:<\/b><span style=\"font-weight: 400;\"> $575,000<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Broker\u2019s commission:<\/b><span style=\"font-weight: 400;\"> $75,000<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">While this might seem like a win-win with the seller getting their desired price and the broker being motivated to negotiate a higher sale price, the model\u2019s potential for abuse is significant.<\/span><\/p>\n<h2><b>What makes net listings controversial?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Despite their straightforward structure, net listings are controversial and often discouraged for several reasons:<\/span><\/p>\n<h3><b>1. Conflict of interest<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In a net listing, the broker\u2019s financial gain is directly tied to how much more than the seller\u2019s minimum price they can secure. This creates a situation where the broker may prioritize their profit over the seller\u2019s best interest. In some cases, a broker might even discourage offers close to the net price to push for a higher sale, which could delay the sale or reduce competitive bidding.<\/span><\/p>\n<h3><b>2. Potential for unfair dealings<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A less experienced seller might not know the property\u2019s <\/span><a href=\"https:\/\/www.redfin.com\/definition\/fair-market-value\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">fair market value<\/span><\/a><span style=\"font-weight: 400;\">. If they set the net price too low, the broker could sell the property quickly and make an outsized commission \u2014 potentially tens or even hundreds of thousands of dollars \u2014 without necessarily maximizing the seller\u2019s profit.<\/span><\/p>\n<h3><b>3. Limited exposure<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Because of their structure, net listings cannot typically be listed on the <\/span><a href=\"https:\/\/www.redfin.com\/definition\/multiple-listing-service\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Multiple Listing Service<\/span><\/a><span style=\"font-weight: 400;\"> (MLS). This means the property may have limited exposure to potential buyers, potentially leading to fewer offers and a lower sale price overall.<\/span><\/p>\n<h3><b>4. Unpredictable costs<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Unlike a gross listing (standard commission model), where the seller knows the percentage they\u2019ll pay, net listings can result in much higher-than-expected commissions if the property sells for more than anticipated.<img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-107629\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image.jpg\" alt=\"Two-story house with front facing windows sold using a net listing agreement.\" width=\"1200\" height=\"795\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-300x199.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-1024x678.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-768x509.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-226x150.jpg 226w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-951x630.jpg 951w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image-453x300.jpg 453w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><\/p>\n<h2><b>Consumer protections and legal status<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">One of the most important things to know about net listings is that they\u2019re illegal in most states. Regulators view them as inherently risky and prone to abuse, so most jurisdictions have banned or heavily restricted them.<\/span><\/p>\n<h3><b>States where net listings are legal (with conditions)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In a few states, net listings are legal but heavily regulated, often requiring that the seller is experienced or represented by an attorney, explicitly requests a net listing in writing, and that full disclosure is made about the property\u2019s market value and the broker\u2019s potential compensation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The table below shows the few states in which net listings are permitted by law. In all other states, they are outright prohibited due to ethical concerns.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>State<\/b><\/td>\n<td><b>Status<\/b><\/td>\n<td><b>Conditions<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">California<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Legal with restrictions<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Sellers must be knowledgeable and provide explicit consent.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Texas<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Legal with restrictions<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Brokers must act in the seller&#8217;s best interest and disclose market value.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Florida<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Rare but possible<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Must follow strict disclosure and consent rules.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>Legal consequences of violating net listing laws<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Signing or executing a net listing agreement in a state where it is illegal can lead to serious legal consequences for both the agent and the seller. These may include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Loss of license:<\/b><span style=\"font-weight: 400;\"> Real estate professionals caught using net listings illegally risk losing their license or facing disciplinary action from state real estate commissions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Civil liability:<\/b><span style=\"font-weight: 400;\"> Sellers may sue brokers if they believe they were misled, underpaid, or defrauded through a net listing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Contract voidance:<\/b><span style=\"font-weight: 400;\"> Courts may invalidate net listing agreements altogether, leaving both parties without legal recourse in the event of a dispute.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Criminal charges:<\/b><span style=\"font-weight: 400;\"> In extreme cases involving fraud or misrepresentation, brokers could face criminal penalties.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Because of these risks, most brokerages have internal policies outright forbidding net listings, even in states where they\u2019re technically legal.<\/span><\/p>\n<h2><b>Net listing vs. open listing and other agreements<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It\u2019s worth understanding how net listings compare to other types of <\/span><a href=\"https:\/\/www.redfin.com\/blog\/what-is-a-listing-agreement\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">listing agreements<\/span><\/a><span style=\"font-weight: 400;\">. The most widely used listing agreement is the exclusive right-to-sell listing, where the agent earns a set commission regardless of who sells the property. Other common options include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Open listing:<\/b><span style=\"font-weight: 400;\"> Multiple agents can market the property, and only the one who brings a buyer earns a commission.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exclusive agency listing:<\/b><span style=\"font-weight: 400;\"> The seller can avoid paying commission if they find a buyer themselves.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Gross listing (standard commission):<\/b><span style=\"font-weight: 400;\"> The broker\u2019s fee is a pre-agreed percentage of the sale price.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Compared to these, a net listing stands out as the least predictable and most legally complex option.<\/span><\/p>\n<h2><b>Tips for navigating a net listing agreement (If legal in your state)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re in one of the few states where net listings are legal and you still want to explore this option, here are some critical steps to protect yourself:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Hire an attorney:<\/b><span style=\"font-weight: 400;\"> Always consult a real estate attorney before signing a net listing agreement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Get a market valuation:<\/b><span style=\"font-weight: 400;\"> Obtain an independent appraisal or <\/span><a href=\"https:\/\/www.redfin.com\/definition\/comparative-market-analysis\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">comparative market analysis<\/span><\/a><span style=\"font-weight: 400;\"> (CMA) to understand your home\u2019s true market value.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Set a realistic net price:<\/b><span style=\"font-weight: 400;\"> Avoid setting your minimum too low; this is where sellers often lose the most money.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Include a commission cap:<\/b><span style=\"font-weight: 400;\"> Negotiate a maximum commission percentage to limit the agent\u2019s earnings.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Insist on full disclosure:<\/b><span style=\"font-weight: 400;\"> Demand transparency about buyer offers, <\/span><a href=\"https:\/\/www.redfin.com\/blog\/creative-ways-to-market-a-house-for-sale\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">marketing strategies<\/span><\/a><span style=\"font-weight: 400;\">, and the broker\u2019s expected commission.<\/span><\/li>\n<\/ul>\n<h2><b>Is a net listing the right choice for you?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">For most sellers, the risks of a net listing agreement outweigh the potential benefits. However, in rare cases \u2014 such as when a seller is highly experienced, knows the property\u2019s value, and wants to guarantee a specific net return \u2014 it might be worth considering with strong legal representation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before signing any agreement, make sure to consult with a real estate attorney to understand state laws, review <\/span><a href=\"https:\/\/www.redfin.com\/definition\/comparables\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">comparable sales<\/span><\/a><span style=\"font-weight: 400;\"> to estimate your property\u2019s fair market value, ask about alternatives to ensure you\u2019re choosing the most transparent and equitable compensation structure.<\/span><\/p>\n<h2><b>Net listing alternatives<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re concerned about the risks of a net listing, consider safer, more transparent alternatives. A standard commission agreement offers a clear, fixed percentage of the sale price, ensuring both seller and agent share the goal of achieving the best market value without hidden incentives.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another option is a seller\u2019s net sheet, which provides a detailed estimate of your expected proceeds after expenses and commissions. This tool helps you understand your bottom line upfront, offering transparency and confidence throughout the selling process \u2014 without the potential conflicts of interest often associated with net listing agreements.<\/span><\/p>\n<h2><b>FAQs about net listings\u00a0<\/b><\/h2>\n<h3><b>In what states are net listings illegal?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Most U.S. states prohibit net listings due to conflict-of-interest concerns. Exceptions include states like California, Florida and Texas, which allow them under strict conditions. Check your state\u2019s real estate commission website.<\/span><\/p>\n<h3><b>What is an example of a net listing agreement?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If a seller sets a net price of $500,000 and the property sells for $575,000, the broker\u2019s commission would be $75,000.<\/span><\/p>\n<h3><b>Why is a net listing illegal?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Because the broker\u2019s commission is tied directly to the difference between the sale price and the net price, there\u2019s a strong potential for unethical behavior and conflict of interest.<\/span><\/p>\n<h3><b>Are net listings allowed in MLS?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Generally, no. Properties under net listing agreements cannot be listed on the MLS, limiting exposure to buyers.<\/span><\/p>\n<h3><b>Will filing a net listing save on commission fees?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Not necessarily. In fact, you could end up paying more than you would under a standard commission structure.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover how net listings work, why they\u2019re risky or illegal in most states, and explore safer, transparent listing agreement options.<\/p>\n","protected":false},"author":807,"featured_media":107629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[34279],"tags":[34622],"coauthors":[36339],"class_list":["post-107625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selling-a-home","tag-home-selling-tips"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is a Net Listing, and Why Are They Controversial? | Redfin<\/title>\n<meta name=\"description\" content=\"Learn what a net listing is, why it\u2019s controversial, where it\u2019s legal, and safer alternatives for selling your home confidently.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/blog\/net-listing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Listing in Real Estate: How It Works, and Why It\u2019s Controversial\" \/>\n<meta property=\"og:description\" content=\"Learn what a net listing is, why it\u2019s controversial, where it\u2019s legal, and safer alternatives for selling your home confidently.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/blog\/net-listing\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin | Real Estate Tips for Home Buying, Selling &amp; More\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-30T00:13:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2025\/10\/Net-Listing-Feature-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"795\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Cam Hayes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cam Hayes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/\"},\"author\":{\"name\":\"Cam Hayes\",\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/#\\\/schema\\\/person\\\/f68abe568285c62a5755a8ef28f84293\"},\"headline\":\"Net Listing in Real Estate: How It Works, and Why It\u2019s Controversial\",\"datePublished\":\"2025-10-30T00:13:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/\"},\"wordCount\":1597,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/blog\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/Net-Listing-Feature-Image.jpg\",\"keywords\":[\"home selling tips\"],\"articleSection\":[\"Selling a Home\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/blog\\\/net-listing\\\/\",\"name\":\"What is a Net Listing, and Why Are They Controversial? 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