Exclusive Agency Listing
The Exclusive Agency Listing is regularly confused with the Exclusive Right to Sell Listing, but they are not the same. True: on both Listings, only 1 Broker or Agent has the right to sell the property.
However, different from the Exclusive Right to Sell Listing, whenever a home seller decides to go with the Exclusive Agency Listing, he retains the possibility of not paying the commission to the real estate broker or agent if said home seller found a home buyer with no help from the broker or agent.
Still, the broker or agent preserves some benefits with this type of Listing. For instance: with the Exclusive Agency Listing he (or she) will compete only with the home seller and not with other agents too. This is good news for the broker or agent because chances are that the home seller's network of possible buyers is much less threatening to his sale than the network of possible buyers from another broker or agent.
Exclusive Agency Listings balances the fact that the home seller needs the broker's best efforts to sell the house with the fact that the broker needs compensation guarantees. That compromise on both ends makes the Exclusive Agency Listing one of the most popular types of Listings in the real estate world.
RealEstateAgent.com ADVICE:
Maybe neither the Exclusive Agency Listings or the Exclusive Right to Sell Listings are the right types of Listing for you. That's not a problem: you can still look it up for other types of Listings - such as Multiple Listings, Net Listings and Open Listings - on our Glossary Terms and learn what is the best one suited to your needs
If it's too overwhelming: take a deep breath! And feel free to look for a trustworthy real estate agent on The OFFICIAL Real Estate Agent Directory® to guide you through the process.
Popular Real Estate Terms
Managing partner of a limited partnership who is in charge of its operations. A general partner has unlimited liability. Member of a partnership who is jointly and severally liable for ...
Pump installed in the sump of a building to pump out and drain any water or liquids that have accumulated. ...
Borrower's right to redeem his property by immediately paying off the loan balance and any related costs. ...
Contract in which the borrower agrees to the terms of a loan including payment dates, interest rate, total cost of the loan, and late payment fees. ...
The units are used as commercial offices. The purchaser of an office condominium owns the title to the individual office unit and not to the property. Maintenance fees are assessed to each ...
Ownership by two or more persons that give the right to use the entire property. ...
Property deriving at least 75% of the income from personal residences. ...
Same as term spot zoning: Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vacant lot in a ...
Individual who by his expertise, education, and experience prepares syndication reports. ...
Have a question or comment?
We're here to help.