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NEW YORK STATE COMMERCIAL ASSOCIATION OF REALTORS PROFESSIONAL SERVICES AGREEMENT Exclusive Right To Sell Or Lease This Exclusive Right To Sell or Lease listing agreement for the Sale or Lease of.

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exclusive right-to-sell listing - An exclusive right-to-sell listing contract provides the most protection for the broker. This contract engages the broker and guarantees a commission regardless of whether the seller or the broker initially found the buyer.

In an exclusive-right-to-sell agreement, the broker earns commission from the sale of the property, even if the homeowner finds a buyer for the home themselves. In an exclusive agency listing, the homeowner is free to find a buyer for the home with no financial obligation to the broker.

Which of the following is the BEST definition of an exclusive right-to-sell listing? an agreement in which the seller guarantees the named broker receives a commission if the property is sold, regardless of who brings the buyer.

Under an exclusive right to sell agreement, the seller is responsible for paying the REALTOR® fees regardless of whether they or the owners sell the property. Under an exclusive agency listing, however, the seller only pays the fees if the agent sells the property.

At a minimum, a listing agreement should contain a property description, state the required terms of sale, establish the scope o the broker's authority, and include a promise of compensation. An exclusive agency or exclusive right to sell listing must also have a termination date.

A single seller has the rights to sell goods in an exclusive market. A company has exclusive rights to sell a new good or service for a specific time period. Consumers are divided into groups and each is charged differently. A producer's average cost drops as production rises.

When you see the term "exclusive" next to a listing, it means the selling broker has the sole right to market the apartment and earn the commission if they close the deal. This is an arrangement between the seller and the broker, and it's one of the ways a broker protects their income.

An exclusive right to sell agreement gives a real estate agent the sole rights to market and sell a property. It ensures that the real estate agent gets their commission whether or not they sell the property directly or someone else (like the owners) does.

The primary difference between exclusive agency and exclusive right-to-sell relates to commission fees. In an exclusive agency listing, the seller only pays fees if the agent sells the property. In an exclusive right to sell agreement, the seller must pay realtor fees regardless of if the property is sold.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232