What item must be disclosed on the listing agreement?

The correct choice regarding what must be disclosed on the listing agreement is the commission percentage or fee received by the dealer. This disclosure is essential because it provides transparency to the seller regarding how much the agent or dealer will earn from the sale of the manufactured home. Understanding this fee structure is crucial for sellers as it can influence their decisions regarding pricing and negotiation during the sale process.

In real estate transactions, including those involving manufactured homes, commissions are typically a significant factor that sellers consider when determining the net proceeds from the sale. Disclosing the commission percentage upfront ensures that all parties have clear expectations and helps to foster trust in the transaction process.

While details of previous sales, the cost of advertising, and the buyer's credit score may be relevant in different contexts, they are not typically required disclosures to be included in the listing agreement itself. The focus of a listing agreement is primarily on the terms of the sale and the compensation model for the agent or dealer facilitating the transaction.