exclusive listing

Definition

A written contract in which a licensed real estate agent is given the sole right to sell a property for a specified time (typically three months); during that time the owner is still allowed to try to sell the property on his/her own, without the payment of a commission.

Use exclusive listing in a sentence

It was an exclusive listing contract and that was good cause I could still try to sell it on my own.

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The exclusive listing was given to the real estate agent who had been performing exceptionally well for us in recent years.

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When my brother decided to sell his New York penthouse, he agreed to give an exclusive listing to his best friend from high school, who ran a real estate firm there.

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exclusive agreement listing