Common Contracts
1 similar Exclusive Listing Agreement contracts
Exclusive listing agreementExclusive Listing Agreement • October 31st, 2021
The variety of quotation agreements, or contracts for services, that domestic sellers may choose to differ from state to state. They don’t have a federal mandate, but they’re regulated by individual state real estate departments. Terminology can be confusing, and real estate agents presenting sellers with listing contracts need to clarify the terms to their sellers. The exclusive agency listing agreement, concluded between the seller and a real estate intermediary, sets out the duration of the listing and outlines the conditions that the seller and the agent must comply with. Despite the denomination, this type of agreement gives the seller the possibility to identify a buyer independently during the listing period and to avoid paying a commission. An exclusive agency listing agreement is not favored by real estate agents or their brokerage offices. A more stringent listing agreement, to the benefit of both the listing agent and the seller, is the exclusive right to sell a listing agre
