Exclusive Agency Listing

Definition of "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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

One of the things that humanity aspires to is open spaces and outdoor recreation opportunities, a place where families can enjoy natural beauty in its most raw form. The open space ...

English style of architecture characterized by carving and paneling and flattened arches. ...

The minimum age required for legal competency ( in most states 18 years). ...

Law of the state establishing guidelines and requirements for constructing buildings. The standard may differ between the states. ...

Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...

Day the attachment of property under a judicial order becomes effective. ...

Secondary written agreement to purchase real property in the event the initial contract is not signed. ...

Also known as SIOR, the Society of Industrial and Office REALTORS® is a professional commercial and industrial real estate association that works on an international level. In the US, ...

Securities supported by a pool of mortgages. The principal and interest are due monthly in the mortgages and are passed through to the investors who bought the pool. ...

Popular Real Estate Questions