Exclusive Right
States that the broker has exclusive authority to procure buyers and earn commission regardless of who finds the buyer, preventing the seller from engaging competing brokers during the term.
The agreement creates clear authority for one broker to market the property, defines compensation, and reduces disputes by documenting timelines, duties, and conditions for commission payment.
Sellers, listing brokers, and cooperating agents use this agreement to set expectations, duties, and compensation for a property sale.
Each role should confirm licensing, identity, and authority before signing to avoid later enforceability or commission disputes.
States that the broker has exclusive authority to procure buyers and earn commission regardless of who finds the buyer, preventing the seller from engaging competing brokers during the term.
Specifies the start and end dates of the listing period and any automatic renewal or extension mechanics so both parties understand when obligations begin and end.
Describes the commission percentage or flat fee, triggers for payment (closing, contract ratification), and how commission is split with cooperating brokers or buyer agents.
Includes the street address, legal description or parcel number, and any exclusions to ensure the listed asset is identified precisely for marketing and sale.
Lists marketing actions, MLS submission, showings, open houses, and buyer-prequalification expectations so seller and broker align on scope of services.
Outlines how the agreement may be canceled, notice requirements, consequences for early termination, and dispute resolution methods such as mediation or arbitration.
| Field | Configuration | Type of field | Required/Optional |
|---|---|
| Signature Fields | Set signer order and require signatures |
| Conditional Fields | Show fields only when specific options are selected |
| Authentication Method | Choose email, SMS code, or ID verification |
| Auto-Reminders | Schedule automatic reminders until completion |
Confirm the platform meets regulatory needs for your state and brokerage, store copies in a secure repository, and preserve audit records for the retention period.
Determines when broker authority begins; must be explicit
Date when exclusive rights end unless extended
If stated, the cut-off for buyer submissions
Defines event that obligates payment, commonly closing
Required notice length for unilateral termination
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial (no credit card) | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA available) | Yes (BAA available) | Yes (BAA available) | Varies by plan | Varies by plan |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |