What is EXCLUSIVE RIGHT TO SELL LISTING?

Formally agreed-to restriction allowing a real estate agent to be the sole seller of a property, typically for a 3-month period. The property owner can find anyone, but must bring that prospective buyer to the agent and pay commissions to the agent. Refer to exclusive agency listing. Known also as exclusive right to sell.

More On This Topic



Link to This Definition
Did you find this definition of EXCLUSIVE RIGHT TO SELL LISTING helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary