Question 21 - Contracts Practice Test for the Real Estate License Exam

A single family home is typically listed for 60-120 days whereas a commercial property is typically listed 6 months-1 year.

Single family homes may be listed for as long as the seller would like, whereas commercial property listing periods are regulated by law.

A commercial property listing does not have an expiration date whereas a single family home listing always does.

By law, single family homes may only be listed for up to 1 year, while commercial properties may be listed up to 18 months.