Party Identification
Full legal names, contact details, broker license numbers, and brokerage legal entity to ensure the agreement binds the correct parties and supports audits or disputes.
An explicit exemption form reduces misunderstandings about marketing scope, prevents unintended MLS publication, and documents seller consent for non-disclosure. It also protects brokers by recording agreed commission terms, showings restrictions, and the period of non-participation.
Typical users include listing brokers, sellers wanting privacy, and transaction coordinators preparing documentation for off-market listings.
Use the form to document the scope, duration, and signature authority so the parties have a clear record if a dispute arises.
Full legal names, contact details, broker license numbers, and brokerage legal entity to ensure the agreement binds the correct parties and supports audits or disputes.
Complete street address, unit number if applicable, city, county, state, ZIP, and any parcel or MLS identifier to precisely identify the impacted real property.
Clear description of what is restricted (MLS posting, syndication, open houses), any permitted marketing channels, and conditions that trigger listing publication.
Explicit start and end dates, renewal conditions, and early-termination procedures to avoid inadvertent MLS submissions.
State commission arrangements, cooperating broker offers (if any), and how commissions will be handled if a buyer is procured outside MLS.
Signature lines for all sellers and an authorized broker representative, date fields, and optional notary or witness acknowledgement where state or company policy requires it.
| Field | Configuration |
|---|---|
| Signature Order | Seller -> Broker |
| Authentication | Email + optional SMS code |
| Document Retention | PDF + audit trail stored |
| Notification Settings | Automatic copy to broker admin |
Ensure the chosen digital platform supports required authentication, audit trails, and export formats before e-signing.
Verify the platform can produce a tamper-evident signed PDF and retain an auditable certificate of completion for compliance and dispute resolution.
Tim Martin, Founder, Martin Properties, used an exemption to process exclusive, off-market sales quietly.
Brian Fitzgibbons, COO, Optica Ventures LLC, implemented the exemption form for selective investor previews.
The licensed listing agent or an authorized broker representative signs to acknowledge broker obligations and marketing restrictions. Their signature confirms understanding of commission terms, MLS rules, and internal brokerage policies; include license number where required.
All owners of record with legal title or an authorized representative must sign to grant the exemption. If the owner is an entity, an authorized officer or agent should sign and identify capacity to bind the entity.
| 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 | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| 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 |