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Types
of Listings
Exclusive Right to Sell
Giving a real estate agent the "exclusive
right to sell" your property does not mean that
there will not be other agents involved. Your agent
is the listing agent and the most important part of
his or her job is to market your home to other agents
who work with buyers. Those agents will show your home
to their clients. Regardless of who sells the home,
even if you sell it yourself to a friend at work, your
listing agent will earn a commission.
If you want full service from an an
agent and his or her company, this is probably the only
type of listing they will accept. Full service means
an agent will advertise your home, place it in the Multiple
Listing Service, market the home to other agents, and
perhaps even hold open houses. This requires an expenditure
of both time and money.
Only with an "exclusive right to
sell" does an agent have a realistic expectation
of earning anything on their investment in selling your
home. That is why it is the most common type of listing.
Of course, the agent and their company
still have to perform in order to get paid -- your home
has to sell.
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All Buying &
Selling articles courtesy of © 2000 RealEstate
ABC
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