Common Contracts
1 similar Exclusive Right to Sell Listing Contract contracts
EXCLUSIVE RIGHT TO SELL LISTING CONTRACT 11/07/12Exclusive Right to Sell Listing Contract • November 6th, 2012
There are two types of exclusive listings defined by the New York State Department of State: “An ‘exclusive right’ to sell listing means that if you, the owner of the property, find a buyer for your property, or if another broker finds a buyer you must pay the agreed commission to the present broker. An ‘exclusive agency’ listing means that if you, the owner of the property, find a buyer you will not have to pay a commission to the broker. However, if another broker finds a buyer, you will owe a commission to both the selling broker and your present broker.”
