Exclusive Agency Listing definition

Exclusive Agency Listing means a written listing agree- ment containing all of the elements of an exclusive right to sell listing, except that the owner retains the right to sell the property himself or herself without owing the listing broker a commission.

Exclusive Agency Listing means a listing agreement under which the listing broker acts as an exclusive agent of the property owner or principal in the sale of a property, but also reserves to the property owner or principal a right to sell the property without assistance from a broker, in which case the listing broker is paid a reduced commission or no commission when the property is sold.

Exclusive Agency Listing means a contractual agreement under which the Listing Participant acts as the agent of seller(s), and the seller(s) agrees to pay a commission to the Listing Participant if the property is sold through the efforts of any real estate broker. If the property is sold solely through the efforts of the seller(s), the seller(s) is not obligated to pay a commission to the Listing Participant.

Examples of Exclusive Agency Listing in a sentence

• An Exclusive Agency Listing is a listing agreement under which the listing broker acts as an exclusive agent of the property owner or principal in the sale of a property, but reserves to the property owner or principal a right to sell the property without assistance of a broker, in which case the listing broker is paid a reduced or no commission when the property is sold.

• It is possible, of course, that a buyer of an Exclusive Agency Listing may make the purchase without using a selling broker, but this is true for traditional Exclusive Right to Sell Listings as well.

• Listings of real or personal property of the following types, which are listed subject to a real estate broker’s license, and are located within the Baldwin County multiple listing service, and are taken by participants on Exclusive Right To Sell or Exclusive Agency Listing Form which includes the seller’s written authorization to submit the agreement to the MLS shall be delivered to the multiple listing service within 3 business days after all necessary signatures of sellers.

• MLS shall accept Exclusive Right to Sell Listing Contracts and Exclusive Agency Listing Contracts, and may accept other forms of listing contracts which make it possible for the listing Participant to offer compensation to the other Participants of MLS .

• Except for Business Opportunities and Commercial (Sale or Lease) listing types, only Listings taken using Exclusive Right to Sell Listing and Exclusive Agency Listing contracts are accepted by ARMLS.

• The Multiple Listing Service shall accept Exclusive Right to Sell Listing contracts and Exclusive Agency Listing contracts, and may accept other forms of agreement which make it possible for the listing broker to offer cooperation and compensation to the other Participants of the Multiple Listing Service acting as subagents, buyer agents, or both.

• Listings may be taken on any Exclusive Right to Sell or Exclusive Agency Listing form or Exclusive Right to Lease Listing form approved as per Section 1.A.1. Listings shall be signed by the MLS Participant or an authorized representative as having been certified for accuracy and completeness.

• Modified language: There will be no owner’s names or phone numbers on any signage, unless the Listing Company and Owner have entered an Exclusive Agency Listing as opposed to an Exclusive Right to Sell Listing.

• A fine as specified in Appendix 1 will be imposed for failing to identify the listing as either an Exclusive Right to Sell or an Exclusive Agency Listing.

• In an Exclusive Agency Listing, you owe a commission to the broker even if another broker procures the buyer, but you do not owe a commission if you find the buyer yourself.

More Definitions of Exclusive Agency Listing

Exclusive Agency Listing means a listing agreement that authorizes the listing broker, as an exclusive agent, to offer cooperation and compensation on a blanket unilateral basis, but also reserves to the seller a general right to sell the property on an unlimited or restrictive basis, and any additional definition that Rea1comp ascribes to the term “Exclusive Agency Listing.”

Exclusive Agency Listing means a listing agreement under which the property owner or principal appoints a real estate broker as his or her exclusive agent for a designated period of time, to sell the property on the owner’s stated terms, but also reserves to the seller a general right to sell the property without assistance from a broker, in which case the listing broker is paid a reduced or no commission when the property is sold.

Exclusive Agency Listing means a listing agreement that authorizes the listing broker, as an exclusive agent, to offer cooperation and compensation on a blanket unilateral basis, but also reserves to the seller a general right to sell the property

Exclusive Agency Listing means a listing contract under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller, and the seller agrees to pay a commission to the listing broker if the property is sold through the efforts of any real estate broker; if the property is sold solely through the efforts of the seller, the seller is not obligated to pay a commission to the listing broker. (To the extent state law or regulation defines this term and that definition conflicts with this one, the definition in law or regulation shall govern these rules.)