exclusive right to sell

Definition

An employment contract giving the broker the right to collect a commission on the sale of the property by any party, including the owner, during the terms of the agreement.

Use this term in a sentence

You should try and make sure that you have the exclusive right to sell before you close on the deal.

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The realtor took John Smith to court claiming that he changed realtors after signing a contract including an exclusive right to sell with them.

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They worked out a deal with the broker to have the exclusive right to sell. This was the last thing holding up their agremeent between the two parties.

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exclusive of tax exclusive right to sell listing