Exclusive Agency Agreement
(Sale)

Summary

This template is an Exclusive Agency Agreement for selling real property that is utilized when an owner wishes to sell its property and wants to use the services of a real estate broker to procure that buyer. This template includes practical guidance and drafting notes. The template sets forth all of the broker's and owner's respective rights and obligations relating to the broker's engagement. It may be tailored to suit each transaction. The template sets forth all of the broker's and owner's respective rights and obligations relating to the broker's engagement. It may be tailored to suit each transaction. For a discussion of the licensing requirements for real estate brokers, general issues relating to real estate brokerage, and an introduction to the most common types of brokerage agreements, see Brokerage: General Issues and Relevant Topics. For a discussion of the key provisions of exclusive brokerage agreements, see Exclusive Brokerage Agreements. For more on the statutory framework of real estate brokerage laws in the 50 states and the District of Columbia, see Real Estate Brokerage Laws State Law Survey. For related templates, see Exclusive Agency Agreement (Lease), Exclusive Right to Lease Agreement, Exclusive Right to Sell Agreement, and Open Listing Agreement. For a full listing of key content covering purchasing and selling commercial real estate, see Purchasing and Selling Commercial Real Estate Resource Kit. For a full listing of key content covering purchasing and selling residential real estate, see Purchasing and Selling Residential Real Estate Resource Kit. For a list of key resources covering real estate-related tasks for associates, in-house attorneys, and interns, see First Year Associate Resource Kit: Real Estate, Summer Associate Resource Kit: Real Estate, In-House Real Estate Resource Kit, and Federal Government Summer Intern Resource Kit: Real Estate. For a list of key resources covering commercial purchase and sale-related tasks for a junior associate, see Junior Associate Real Estate Resource Kit (Commercial Purchase and Sale).