Exclusive Right of Sale Listing Agreement Transaction Broker (ERS-20tb). This is a listing agreement in which the seller grants the listing broker the sole right to list the property and establishes that the broker has a transaction broker agency relationship with the seller.
Exclusive buyer agency agreement. This agreement is also known as the exclusive right to represent.
Key Takeaways. Home sellers may have the option of offering a real estate agent an exclusive listing or an open listing. An open listing allows other local real estate agents to compete to find a buyer for the property. An exclusive listing gives the sole agent an incentive to work hard for the sale.
This means the buyer's agent represents solely you — not the seller — in the transaction. These agreements are often exclusive, which means that you will not hire another agent to represent you while you shop for a home.