EXCLUSIVE AGENCY LISTINGS, INTERNET DISPLAY, THE FTC AND THE DOJNovember 26th, 2006
FiledNovember 26th, 2006EXCLUSIVE AGENCY LISTING: A written listing agreement between a property owner and a real estate broker whereby the owner appoints the broker as his/her agent for a specific period of time and promises to pay a fee or commission to the real estate broker if the owner’s property is sold during the listing period. However, the owner reserves the right to sell the property and not pay a commission to the broker if the buyer has not been introduced to the property by the broker.