Exclusive Agency definition

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.
Exclusive Agency. The exclusive agency right to sell, trade, convey, or exchange the Property during the Listing Period in accordance with the terms and conditions set forth in this Agreement. The Seller hereby appoints the Agency as the exclusive agent and to represent the Seller as their client ONLY if a potential Buyer is produced by the Agency. The Seller retains the right to sell the Property directly, on their own behalf, with no commission due to the Agency. ☐
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.

Examples of Exclusive Agency in a sentence

  • This listing agreement is not acceptable for publication by HGMLS unless and until the Owner(s) has duly signed this agreement and an acknowledgment reflecting receipt of the definitions of "Exclusive Right to Sell" and "Exclusive Agency" required by the New York State Department of State - Division of Licensing Services.

  • Form 1B Exclusive Agency Sale and Listing Agreement and paragraph (d) of the Washington State purchase agreement require Seller to have marketable title.

  • The MLS has the right to request the listing agreement to determine if it is a valid Exclusive Agency or Exclusive Right to Sell listing and that the listing conforms to Louisiana State Law, L.S.A. R.S. 9:3891(1), with regard to agency.

  • This listing agreement is not acceptable for publication by HGMLS unless and until the Owners) has duly signed this agreement and an acknowledgement reflecting receipt of the definitions of "Exclusive Right to Sell" and "Exclusive Agency" required by the New York State Department of State - Division of Licensing Services.

  • This Agreement creates an Exclusive Agency Agreement to Market Seller’s Property and limits the performance requirements of Broker as set forth herein.

  • This Agreement creates an Exclusive Agency Agreement to market Seller's Property and limits the performance requirements of Broker, as set forth herein.

  • In the event of any discrepancy between the provisions of the Exclusive Agency Agreement and the provisions of Exhibit A or Exhibit B, the terms and conditions of the Exclusive Agency Agreement shall prevail.

  • Agency shall be entitled to the Buyer Broker Commission offered under the terms of the Exclusive Agency Listing Agreement.

  • I hereby give you for a period of six (6) months, starting date: / / to expiration date of / / or until the property sells from the date of execution, the Exclusive Agency to sell the property at the following price and terms, or any other price.

  • Where the Exclusive Agency Period exceeds 90 days, the Principal may terminate the Agreement (without penalty) by giving 30 days notice in writing to the Licensee at any time after the end of the first 90 days of the term except where the agency agreement is in respect of the sale of residential property where the contract for sale provides for the construction by the Principal of a dwelling on the land.


More Definitions of Exclusive Agency

Exclusive Agency listing means that if you, the OWNER of a 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.
Exclusive Agency. The Owner hereby appoints Broker to rent the property known as: ADDRESS: PARCEL: LEGAL DESCRIPTION: All inquiries for any lease shall be referred to the Leasing Broker, and all negotiations connected therewith shall be conducted solely by or at the discretion of the Leasing Broker.
Exclusive Agency. An exclusive agency listing is one in which the Owner agrees not to list the Property with any other Broker and a commission is payable to Broker if Broker or any other broker successfully produces a ready, willing and able buyer, and, if Owner successfully sells the property to a buyer, no commission is payable to Broker; (b) Open: An open listing is one in which the Owner may list the Property with any other Broker and a commission is payable to Broker only in the event that ▇▇▇▇▇▇ successfully produces a ready, willing and able buyer for the property. If anyone other than Broker, including Owner, produces a ready, willing and able buyer for the property, no commission is payable to Broker.
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.
Exclusive Agency an express written agreement between a person and a brokerage wherein the brokerage agrees to exclusively represent as an agent the interests of the person in a real estate transaction. Such agreements include buyer agency, seller agency, designated agency, [and subagency agreements.] subagency and residential property management.
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.” 1. Violation of the Rules and Regulations of the Multiple Listing Service and therefore, the potential to be fined. 2. The potential to be charged with incompetency and untrustworthiness for failure to comply with DOS Regulations and New York State Law.