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hi everyone this is Ellen Rosinski of Metro Manhattan of the space no well you have a commercial real estate need and you start calling around the brokerage community interviewing brokers invariably youre gonna be asked to sign an exclusive agency agreement and these agreements can have a major impact so Id like to discuss them this afternoon so what is an exclusive well its what it sounds like youre hiring youre retaining the services of a real estate broker whos going to represent you solely for a fixed period of time next luces apply to commercial real estate and residential real estate as well if youre selling your apartment youd probably sign a contract with a brokerage firm to market that property for a fixed period of time if youre looking for a rental property you may sign an agreement with a broker whos going to find you that property and earn a commission once youve signed a lease and for commercial real estate you could hire a firm such as mine Metro Manhattan of