Exclusive Right Of Sale Listing Agreement (Genie AI)

The Exclusive Right of Sale Listing Agreement template is a legal document created under the purview of USA law, specifically designed for use by real estate agents or brokers. This agreement outlines the terms and conditions between the agent/broker and the property owner, granting the agent exclusive rights to market and sell the property. The document serves as a binding contract, allowing the agent to act as the sole representative in marketing, negotiating, and closing a potential sale. It establishes the agent's obligations, such as advertising, showing the property, and cooperating with other brokers under the Multiple Listing Service (MLS). Additionally, it specifies the duration of the agreement, commission rates, and any conditions for early termination. The Exclusive Right of Sale Listing Agreement provides a clear framework to streamline the marketing and sale process for real estate professionals, ensuring legal protection and accountability for all parties involved.