Miami-Dade Florida Exclusive Listing Agreement - Residential

Category:

Real Estate - Home Sale

State:

Multi-State

County:

Miami-Dade

Control #:

US-01727-AZ

Format:

Instant download

Description

This form is an exclusive listing agreement between broker/agent and seller. Broker/agent will exclusively represent seller in the attempt to sell. Commission or other compensation is agreed upon. Adapt to fit your specific circumstances.

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FAQ

Exclusive listings give sellers greater privacy and control over testing prices in the market. Because you're working with a smaller circle of buyers, exclusive listings generally receive less offers and you're more likely to have a potential conflict-of-interest with your agent.

The primary difference between exclusive agency and exclusive right-to-sell relates to commission fees. In an exclusive agency listing, the seller only pays fees if the agent sells the property. In an exclusive right to sell agreement, the seller must pay realtor fees regardless of if the property is sold.

Exclusive Right-to-Sell Listing With this type of listing agreement, one broker is appointed the sole seller's agent and has exclusive authorization to represent the property. The broker receives a commission no matter who sells the property while the listing agreement is in effect.

Exclusive Agency Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker if the property is sold through the efforts of any real estate broker.

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. We require this foundation for every property we sell or lease.

An exclusive right to sell agreement protects the listing agent's interests as well as the seller's interests. It guarantees the listing broker a commission if they sell within the time frame. This protects them from putting in a lot of work only to have another person sell the house and earn the commission.

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With an MLS listing, the property goes on the Internet, and every buyer, and every agent, can see it. With an exclusive listing, the ?FOR SALE? sign goes on the lawn, and only passer-byers see it. With an MLS listing, any agent, representing any buyer, can bring an offer.

An exclusive listing in real estate is a listing that is held exclusively with a real estate agent and is not published on the Multiple Listing Service (MLS). Thus, the realtor is required to market the home to his or her personal sphere of clients, builders, and realtors to find a buyer.

Miami-Dade Florida Exclusive Listing Agreement - Residential

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Why would someone do an exclusive listing?

What is the difference between an exclusive listing and an exclusive right to sell?

Which best describes an exclusive right to sell listing?

What is an exclusive agency listing?

Why would a seller want an exclusive listing?

Why do brokers feel that an exclusive right to sell listing gives the broker the best protection?

How do you fill out exclusive right to sell listing agreement in Florida?

What is the difference between an MLS listing and an exclusive listing?

What does exclusive mean when selling a house?

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