Listing Contract: Exclusive Right to Sell
Deborah Van Eendenburg
An exclusive right to sell listing contract is a two-way agreement that allows us to work together without hesitation, without any conflict of interest, and without any division of duties or loyalty. It allows me, as your exclusive agent, to represent you and look out for your best interests when you make a purchase and throughout the process.
WHEN IS IT SIGNED?
When we decide to work together at our first meeting.
HOW LONG DOES IT LAST?
It can be written for as long as you want – 1 month, 60 days, 6 months, etc. and ends when the property is sold. We can easily extend the agreement if circumstances around selling change, and this contract can be cancelled at any time by either party.
IS THERE A FINANCIAL OBLIGATION?
Yes, there is a financial obligation that is triggered by the sale of your home. This contract ensures I am paid when your home is sold, and ensures that the commission is shared with a buyer’s agent, if party to the transaction. There is also a $495 Broker Administrative fee charged at the successful close of your transaction that is added into your closing costs.
Download a copy of the Listing Contract: Exclusive Right to Sell to familiarize yourself: