Exclusive Right To Sell Agreement Template – US

Terms of Exclusive Property Sale

The information provided is for general reference regarding agreements granting exclusive rights to sell real estate. It is not legal counsel and should not replace consultation with a qualified attorney experienced in real estate transactions or contract law. Regulations and legal requirements may differ based on jurisdiction, and modifications might be necessary to ensure compliance. The use of this content is solely at the user’s discretion, and we disclaim any liability for errors, omissions, or consequences resulting from its application without professional legal review.

Please note: This is a sample template of an Exclusive Right To Sell Agreement US, provided for illustrative purposes only. Actual terms may differ based on specific negotiations and legal requirements.

Exclusive Right To Sell Agreement (Sample)

Parties:

Seller: John Doe
Address: 123 Main Street, Springfield, IL 62704

Broker: ABC Realty Inc.
Address: 456 Market Avenue, Springfield, IL 62701

Property Details:

The property covered by this agreement is located at 789 Maple Street, Springfield, IL 62705, or other property as mutually approved.

Exclusive Right to Sell:

The Seller grants the Broker exclusive right to market and sell the property within the term of this agreement, during which no other broker is authorized to solicit offers.

Commission Terms:

The Broker shall be entitled to a commission of 6% of the sale price, payable upon closing of the sale, regardless of who procures the buyer.

Broker Responsibilities:

The Broker agrees to actively market the property, arrange showings, and negotiate offers in good faith, per applicable laws and industry standards.

Governing Law:

This agreement shall be governed by the laws of the State of Illinois. Any disputes will be resolved within the jurisdiction of Springfield courts.

Additional Provisions:

• The Seller agrees to cooperate fully with the Broker during the marketing process.
• This agreement may only be modified in writing signed by both parties.
• The Broker’s right to commissions terminates upon the expiration or termination of this agreement.

Springfield, ______________________