exclusive agency listing
- This refers to a property arrangement where only one officially appointed agent is permitted to sell the property, but the agent won't receive any commission if the owner decides to sell the property on their own
- The homeowner signed an exclusive agency listing which allowed their real estate agent to be the only agent to sell the property.
- Under the terms of the exclusive agency listing, the agent will not receive commission if the owner sells the property without their involvement.
- The exclusive agency listing limits the sale of the property to just one agent, but allows the owner to bypass the agent and sell it independently.
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