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All right, in today's video we're gonna discuss the net listing. Now, in my previous video we discussed the five types of listing contracts that you're gonna need to know for the real estate licensing exam, and I'm gonna put a link right up here in the upper right-hand corner, a little I up there, click on that. That'll link you to the video where we discuss those five different types. But, one of the five was the net listing. Now we didn't get into the mathematics or the real estate math of how net listings work, so I'm gonna do that in this video. Now understand, when there is a question on the real estate licensing exam regarding net listings, what they're gonna want ultimately is two answers. The first one is, they're gonna wanna know, they're gonna wanna know what the purchase price has to be. The purchase price, that's the first one. The second one is what the agent or the broker commission is gonna be. They may wanna know one specifically, or both, but that is really what they'...
