What is one characteristic of a saleable listing?

Prepare for the New Brunswick Salesperson Test. Enhance your study experience with flashcards and multiple choice questions. Each question offers detailed hints and explanations. Gear up for your successful exam!

A saleable listing is fundamentally dependent on the relationship between the seller and the agent, which is why trust is a critical characteristic. When a seller trusts their agent, they are more likely to be open to the agent's advice regarding pricing, marketing strategies, and other essential aspects of the selling process. This trust fosters a collaborative environment, allowing the agent to effectively represent the seller's interests and increase the likelihood of a successful sale.

In contrast, other characteristics outlined in the options do not contribute positively to a saleable listing. For example, a listing priced significantly above market value would deter potential buyers and could lead to the property sitting unsold for long periods. An oral and informal listing lacks the formal commitments necessary for legal protection and clarity, which could lead to disputes down the line. Lastly, a listing for an indefinite period can create uncertainty for both the seller and the agent, potentially leading to frustration and lack of urgency in the sales process. Thus, having a trusting relationship between the seller and the agent remains essential for a successful transaction.

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