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An "exclusive agency" listing allows an agent to
list and market your home, guaranteeing them a commission if the house sells
through any real estate agent or company. It also allows sellers to seek out
buyers on their own. This is not a popular type of listing agreement. The reason
is that there is not much incentive for agents to spend money marketing your
home. If you come up with your own buyer, they have spent money they cannot
earn back through the real estate commission. Plus, it is too easy for a greedy
buyer to go around the agent and negotiate directly with the seller. If you find an agent willing to accept such a listing,
do not expect too much from them. They will probably just place it in the Multiple
Listing Service and sit around to see if something happens. A good agent would
never accept such a listing, and you probably want a good agent.
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