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What is the difference between an exclusive agency and an exclusive right of sale listing quizlet?

With exclusive right to sell, the broker has the exclusive right to market the property and receive a commission regardless of who procures the buyer. With exclusive agency, the owner retains the right to find a buyer and sell the property and owe the exclusive broker no commission.

Why would a seller want an exclusive listing?

The Exclusive Listing Agreement establishes a ground for honesty, trust, and confidence between seller and broker. Such a relationship is important during the marketing process and through the closing of the sale or lease.

Why would a seller want an exclusive listing?

The Exclusive Listing Agreement establishes a ground for honesty, trust, and confidence between seller and broker. Such a relationship is important during the marketing process and through the closing of the sale or lease.

What does exclusive rights to sell mean?

"Exclusive right to sell" is a type of listing contract you enter into with a real estate agent. Put simply, it says that the signing agent is the only person allowed to market and sell your property for a certain amount of time.

What is an exclusive seller agreement?

An exclusive listing arrangement means you are granting your agent with exclusive access to find a buyer for your home. With this type of agreement no other agent will bring potential buyers to your home because only the listing agent is entitled to the commission.

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