What happens if a defaulting buyer forfeits an earnest money deposit, according to the exclusive right-to-sell listing contract ?

It is negotiable according to the contract

Explanation:

Earnest money is a deposit made to a seller showing that the buyer has the intention of buying the house and is committed towards that decision. If the buyer defaults on this then the rest is negotiable according to the contract. This is because an Exclusive Right-to-Sell listing contract gives the rights to the broker to make the deal happen in order to earn a commission.

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for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.