Exclusive Right To Sell Real
Property
This Exclusive Right to sell is a commonly utilized instrument which is
intended to give the Broker exclusive right to earn a commission by
procuring a buyer for the real property listed by the Owner. The Owner,
ocstoc Legal Agreements
who pays both, the listing and selling Broker fees cannot sell the real
property without paying a commission, unless the contract otherwise
provides.
ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED
WARRANTY, INCLUDING AS TO LEGAL EFFECT OR COMPLETENESS. They are for guidance and should be
modified by you or your attorney to meet your specific needs and the laws of your state. Use at your own
risk. Docstoc, its employees or contractors who wrote or modified any form, are NOT providing legal or any other
kind of advice and are not creating or entering into an Attorney-Client relationship. The information and forms
are not a substitute for the advice of your own attorney. Subject to our Terms of Service
(http://www.docstoc.com/popterm.aspx?page_id=15). See back cover page and read more here
(http://www.docstoc.com/popterm.aspx?page_id=114) for additional disclaimers and more. This document is
®
not approved, endorsed by, or affiliated with any State, or governmental or licensing entity.
Entire document © Docstoc, Inc., 2010, 2011
Attorney Drafted
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 1
EXCLUSIVE RIGHT TO SELL REAL PROPERTY
This Exclusive Right to Sell Agreement Real Property (“Agreement”), is entered into this ____
[Month] ____ [Date], 20____ by and between __________________________ [Instruction:
Insert the name of owner], (hereinafter referred to as the “Owner”) and
__________________________ [Instruction: Insert the name of agent],( hereinafter referred
to as the “Broker”). Owner and Broker may collectively be referred to as the “Parties”. For and
in consideration of Broker's services to be rendered in listing for sale and in undertaking to sell
or find a purchaser for the property (hereinafter described as the “Property”), the Parties
understand and agree that this is an exclusive listing to sell the Property located at:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
[Instruction: Insert the location of the Property]
The minimum selling price of the Property shall be ________ ($___) [Instruction: Insert
minimum selling price of the property E.g., Five thousand dollars only ($ 5,000)], payable
on the following terms:
Broker is authorized to accept and hold a deposit in the amount of ________ ($___)
[Instruction: Insert security deposit amount E.g., Fifty dollars only ($ 1,000)] as a deposit
and to apply such deposit on the purchase price.
If said Property is sold, traded or in any other way disposed of by Broker or by anyone else
within the time specified in this listing, it is agreed to and understood that Broker shall receive
from the sale or trade of said Property as Broker's commission ________ (___ %) [◊ Two
percent (2%)] [Instruction: Insert percentage of commission of the broker] of the purchase
price.
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2
Should said Property be sold or traded within ___________ (___) [◊ Thirty (30)] days, after
expiration of this listing Agreement to a purchaser with whom Broker has been negotiating for
the sale or trade of the Property, then said commission shall be due and payable on demand.
Owner agrees to furnish a certificate of title showing a good and merchantable title of record,
and further agrees to convey by good and sufficient warranty deed or guaranteed title on
payment in full.
The listing contract shall continue until midnight of ____ [Month] ____ [Date], 20____.
____________________________________
[Instruction: Insert the signature of Owner]
I accept this listing and agree to act promptly and diligently to procure a buyer for said Property.
____ [Month] ____ [Date], 20____.
_____________________________________
[Instruction: Insert the signature of Broker]
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3
Note: Carefully read and follow the Instructions and Comments contained in this document for
your customization to suit your specific circumstances and requirements. You will want to
delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”) after
reading and following them. You (or your attorney) may want to make additional modifications
to meet your specific needs and the laws of your state
◊ Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,”
or something similar, or there is a blank for the user to complete, please note that although Docstoc believes the
information or number may be any that the user chooses, and that there is no law governing what the
information or number should be, you might want to verify this, including by consulting with your own attorney
practicing in your state, and be reasonable.
INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY
OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF
INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL
DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS, ETC., BE LIABLE FOR ANY DAMAGES
WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS
INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE
MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Your use of this document is deemed to be your agreement to the foregoing, the disclaimers on the cover page,
and that you have read and agree to our Terms of Service
(http://www.docstoc.com/popterm.aspx?page_id=15), as well as our disclaimer that Legal information is not
legal advice, and the important content available here: Read More
(http://www.docstoc.com/popterm.aspx?page_id=114)
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 4