Exclusive Brokerage Listing Contract
Posted by PRO Sat, 25 Mar 2006 15:47:33 GMT
An exclusive brokerage listing contract is an agreement in which the seller agrees to pay a commission to the listing broker if the property is sold through the efforts of any broker. If the property is sold solely through the efforts of the seller, the seller is not obligated to pay a commission to the listing broker.
The exclusive brokerage listing contract may be further defined as a Limited Service Listing Agreement.