Exclusive Right-to-Sell Listing

Exclusive Right-to-Sell Listing

An Exclusive Right-to-Sell Listing is a listing agreement under which the property owner appoints a real estate broker (known as the listing broker) as exclusive agent to sell the property on the owner’s terms and agrees to pay a commission when the property is sold, regardless of who finds the buyer. This is the kind of listing agreement that is commonly used by a listing broker to provide the traditional full range of real estate brokerage services. If a second real estate broker (known as a selling broker) finds the buyer for the property, then some commission will be paid to the selling broker.