Parties
Full legal names for seller(s) and broker, including broker license number and brokerage entity, to ensure enforceability and correct recordkeeping.
The agreement clarifies representation, centralizes marketing, and protects the broker’s right to a commission while providing sellers a single point of contact for offers and negotiations.
Sellers, listing brokers, and brokerage firms commonly execute this agreement before listing a property to define responsibilities and payment terms.
The agreement is also used by legal counsel and title/escrow officers to confirm authority and ensure smooth transfer to closing once a buyer is procured.
Full legal names for seller(s) and broker, including broker license number and brokerage entity, to ensure enforceability and correct recordkeeping.
Complete legal description and street address, including parcel number when available, so the listing matches title and escrow documents without ambiguity.
Listing price, accepted financing types, exclusions/inclusions, and MLS authorization that define how the property will be marketed and what terms are acceptable.
Percentage or flat fee, payment timing, and circumstances that trigger commission (sale during term, procured buyer, post-term protections).
Start and end dates for exclusivity, renewal mechanics, and termination events such as breach or mutual agreement.
Required marketing activities, reporting frequency, cooperation with cooperating brokers, and disclosure obligations to the seller.
| Field | Configuration |
|---|---|
| Authentication | Email plus optional SMS or ID verification |
| Signature Order | Specify sequential or parallel signing |
| Reminders | Auto-reminders frequency and expiration |
| Storage | Assign folder in cloud storage or CRM |
Ensure documents are in a supported format and that signer authentication meets your legal needs before sending for signature.
Effective date begins broker exclusivity
Seller often sets 24–72 hour acceptance periods
Inspection and financing removal dates per contract
Date for transfer of title and commission disbursement
Specify protection period for procured buyers
Agreement signed and listing activated with the MLS
Property promoted and buyer showings scheduled
Offers received, reviewed, and counteroffers exchanged
Transaction closes and commission is distributed
| 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 | Yes, 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
The broker adopted online listings to avoid in-person meetings and close faster.
The operations team standardized a single template for exclusive listings across transactions.
The broker or licensed agent signs to accept the exclusive appointment and to confirm authority to market. Their signature establishes broker obligations, identifies the brokerage responsible for commissions, and binds the brokerage to duties described in the agreement.
An owner or authorized signatory for an entity signs to grant exclusive rights; accurate legal name and authority must match title and ownership documents to ensure a valid transfer at closing.