A written listing contract between a property owner and a real estate broker whereby the owner appoints the broker as his/her agent for a specific period of time and promises to pay a fee or commission to the real estate broker if the owner's property is sold during the listing period. However, the owner reserves the right to sell the property and not pay a commission to the broker if the buyer has not been introduced to the property by any broker.

A listing agreement under which the seller appoints a broker as their exclusive agent for a specific period of time, for a set commission. The seller is not required to pay a commission if they produce the ready, willing, and able buyer themselves, and the broker was not the procuring cause.

The owner of the property and the broker both have the right to represent the apartment. If the owner finds a buyer, he/she can sell the property on their own and exclude the broker from any commission.

A Written listing agreement giving one broker the right to sell a piece of property; the broker is entitled to a commission if the property is sold by and one besides the seller.

An agreement between the seller of a property and a real estate broker whereby the broker is due a commission if anyone other that the seller sells the property.

A listing contract under which the owner appoints a real estate broker as the one exclusive agent for a designated period of time to sell the property on the owner's stated terms, and under which the owner agrees to pay the broker a commission. However, the owner reserves the right to sell without a commission to a prospect not introduced or claimed by the broker (see Exclusive right to sell).

A written document giving one agent the right for a specified time to sell a property, but reserving the right of the owner to sell the property himself or herself without payment of a commission to the agent.

A written instrument giving one agent the "authorization to sell" property for a specified time, but reserving the right to collect a commission if the property is sold by anyone during the term of the listing.

A written agreement between a real estate broker and a property owner in which the owner promises to pay a fee or commission to the broker if specified real property is leased during the listing period. The broker need not be the procuring cause of the lease.

the broker has the exclusive right to market the property with the exception of the owner, who may continue to market and sell the property without liability for a commission unless the broker locates the buyer. If the owner finds a suitable buyer, the broker does not have the right to a commission

A contract whereby the owner of a property grants a single agent or broker the right to market the property for sale.

A written instrument giving one real estate broker the right to sell certain property for a specified period of time, but reserving the right of the owner to sell the property himself, in which case, there will be no payment of a commission.

An exclusive agency listing is a listing contract between property owners and a real estate broker that is very similar to an exclusive right to sell listing except that the property owners specifically reserve the right to sell the house themselves without compensating the listing broker if they find the buyer. Related Glossary Terms: listing contract

A listing contract in which the agent has the sole right to sell the home, though the sellers are not bound to pay the commission if they produce the buyer.

A written agreement which gives an agent the right to market a property but also allows the owner to sell the property during that period without paying a commission.

A listing contract in which the owner appoints a real estate broker as his or her exclusive agent for a predetermined period of time to sell the property on the owners behalf.

A listing agreement between a broker and a seller in which the broker is given the exclusive right to sell a property with the sole exception that the seller reserves the right to sell the property himself. In this type of listing, the broker earns his fee unless the seller sells the property himself.

A written agreement giving the broker the right to market an owner's property for a certain period of time, but also allowing the owner to sell the property during that period without paying a commission.

A written agreement giving one agent the exclusive right to sell property for a specified period of time, but reserving the right of the owner to sell the property himself or herself without liability for the payment of a commision. Back to the Top

In this form of listing the owner of the property lists the property with one designated broker and no others and, therefore, that designated broker will receive the brokerage fee or commission upon the sale of the property, unless the owner sells the house to a buyer that the owner was responsible for finding. When the owner sells the property in the latter situation, no brokerage fee or commission would be paid to the designated broker.

Employment contract given to one real estate broker as the sole agent for the sale of an owner's property