Exclusive right to sell listing An exclusive right to sell grants a single real estate agency exclusive authority to market and sell a property, ensuring the listing agent earns a commission regardless of who finds the buyer. While this agreement is active, the property owner cannot use another agent.
In an exclusive agency listing, the seller retains the right to sell the property, with no obligation to the broker. With exclusive right-to-sell listings, the broker receives a commission regardless of who sells the property.
time showing agreement is an agreement between the buyer's agent and the seller. The agreement is subject to the showing of property to potential buyers and, if someone buys the property, the buyer's agent gets the commission.
The Exclusive Listing Agreement establishes a ground for honesty, trust, and confidence between the seller and broker. Such a relationship is important during the marketing process and through the closing of the sale or lease.