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  • Chicago Association Of Realtors Exclusive Right To Sell Listing ...

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CHICAGO ASSOCIATION OF REALTORS EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT Rev. 01/2012 1 2 3 4 5 6 1. BROKER. This Exclusive Right to Sell Listing Agreement ("Agreement") is entered into.

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The contract will specify the desired sales price along with the commission given to the agent upon the fulfillment of their obligations. In the case of an “exclusive right to sell” agreement, the agent will be the sole individual authorized to sell the property and collect a commission from the transaction.

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.

In an exclusive right-to-sell agreement, the seller will be responsible for paying the realtor fees even if they find the buyer completely on their own. With an exclusive agency listing, the seller will only pay fees in the event the realtor finds the final buyer.

The contract will specify the desired sales price along with the commission given to the agent upon the fulfillment of their obligations. In the case of an “exclusive right to sell” agreement, the agent will be the sole individual authorized to sell the property and collect a commission from the transaction.

Exclusive Right To Sell Vs. 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.

An exclusive right-to-sell agreement is a contract between a homeowner and a real estate agent that grants the broker exclusive rights to collect commission when their property sells.

Among other requirements, an Illinois listing agreement must contain the asking price, listing period, commission rate or fee, broker duties, and the signatures of both the broker and seller. Each party will be bound to the agreement until the end of the listing period and any subsequent extensions.

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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
DMCA Policy
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:
1-877-389-0141
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