The Real Estate Encyclopedia
Exclusive Agency Listing Agreement
Category - Real Estate Glossary - Real Estate Terminology

An Exclusive Agency Listing Agreement differs from an Open Listing Agreement in that the home seller retains the right to sell the property themselves and not pay any commission. Commission is however still payable if the broker secures a buyer.

This is not a popular or widely used listing agreement and most brokers feel that there is too much risk involved to spend marketing dollars and effort in trying to sell the property.

Also See

Different Types of Listing Agreements


Real Estate Glossary - Real Estate Terminology
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