Exclusive Listing

A type of listing agreement between sellers and real estate agents that gives the listing agent exclusivity among all other real estate agents. However, the seller can avoid paying any commissions if the seller finds the buyer without assistance from the seller. If the property is sold through any other real estate agent, the listing agent receives a commission from the seller. Compare this to open listing (non-exclusive) and exclusive right of sale (totally exclusive). For more information, see the "Shopping with Realtors" article in the "Homebuyer Guide" section.

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