In real estate, an Exclusive Right to Sell is a listing agreement in which the broker is guaranteed a commission if the property is sold during the term of the contract. This applies regardless of who actually finds the buyer, whether it is the broker, another agent, or the owner.
Because the broker’s commission is fully protected, this type of listing provides strong incentive for the broker to invest time and resources in marketing the property. Exclusive right to sell listings are the most common form of listing agreement, as they clearly define compensation and reduce disputes over entitlement to a commission.
