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Exclusive Agency Listing Agreement Template

An exclusive agency listing agreement is used when a seller agrees to commit to a single real estate agency to market and sell their property with the condition that, if the seller finds a buyer, the agent is not owed a commission. If the seller is contacted by another real estate agent, they must refer the agent to their listing agent.
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Supplemental Forms

Agency Disclosure Forms – Required in most States to be signed by the seller and attached to the listing agreement to inform the seller of their rights and the responsibilities of the agent.

Lead-Based Paint Disclosure – If the property was constructed before 1978, the seller is required to complete this one (1) page form in accordance with federal law.

Property Disclosure Statement – Often completed at the same time as the listing agreement, this gives the agent a statement of any and all defects on the premises.

Exclusive Agency vs Open Listing

Exclusive Agency – An agreement between a seller and only one (1) real estate agency.

Open Listing – An agreement between a seller and as many agencies as the seller wants.

In both cases, the seller reserves the right to sell the property and not pay a commission if they find the buyer.