exclusive agency listing

exclusive agency listing

A relationship with a seller of real estate in which a broker has the exclusive right to list the property and receive a commission except that if the owner sells the property to one not obtained by the listing agent or its advertising and marketing efforts,then the owner need not pay a commission.Contrast with exclusive right to sell listing.

References in periodicals archive ?
12 /PRNewswire/ -- The National Association of Realtors(R) has continued to reach out to the Federal Trade Commission in an attempt to address FTC concerns regarding the treatment of exclusive agency listings.
Exclusive right to sell and exclusive agency listings are permitted by each realtor MLS.
Exclusive agency listings comprise approximately 3% of total property listings contained in the ABoR Multiple Listing Service.
In recent weeks, more than a dozen multiple listing services around the country have been targeted by the Federal Trade Commission regarding rules related to the distribution of exclusive agency listings (properties that are also for sale directly through the owner) to REALTOR(R) internet websites.