An Exclusive Agency Listing is an agreement between a seller and a real estate firm or agent granting the firm or agent the right to be the only firm or agent to market and sell a property, except the seller retains the right to market and sell the home to a buyer without having to pay a commission to the listing agent, if the seller finds the buyer independently of the agent or firm.

This is different from an “exclusive right of sale” listing, in which the listing broker receives a commission from the seller regardless of who brings the buyer into the purchase.

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