Parties
Identify the seller(s) and the broker by full legal name, business entity name if applicable, contact information, and license numbers. Accurate party identification prevents enforcement delays and supports title/closing procedures.
An Exclusive Right to Sell centralizes marketing and clarifies broker compensation, reducing conflicting listings and improving accountability. It protects the broker’s commission, outlines seller obligations, and simplifies negotiation authority during the listing term while providing clear termination and dispute resolution language.
Real estate brokers, listing agents, and property owners use this form to define exclusive marketing and sale terms.
Legal counsel and title companies also review the agreement for compliance and closing readiness.
A licensed listing broker signs to accept the exclusive appointment, commits to marketing obligations, and records the commission arrangement. Brokers should verify client identity, confirm property disclosures, and retain a signed copy for agency files to meet state brokerage regulations and audit requirements.
The seller grants exclusive rights and must disclose material facts, authorize access for showings, and approve marketing activities. Sellers should understand commission triggers, the listing term, and termination conditions before signing; consult counsel if complex title or disclosure issues exist.
Identify the seller(s) and the broker by full legal name, business entity name if applicable, contact information, and license numbers. Accurate party identification prevents enforcement delays and supports title/closing procedures.
Include the precise legal description or street address, parcel or tax ID, and any included fixtures. Vague descriptions invite disputes and can impede title searches and closing.
State the start and end dates using MM/DD/YYYY format, any automatic renewal terms, and the conditions for early termination, including notice periods and remedies.
Specify commission percentage or flat fee, when it is earned (procurement vs closing), payment priorities, and how commissions are handled for buyer's agents or dual agency situations.
Detail marketing obligations, MLS listing requirements, open house permissions, advertising budget responsibilities, and reporting frequency. Clear duties reduce disputes and document performance expectations.
Require timely disclosures, property access for showings, accurate title information, and seller cooperation for inspections and repairs. Noncompliance clauses and indemnities should be clear.
| Field Name and Configuration Purpose | How to set this field in an online workflow |
|---|---|
| Signature Field | Assign to seller and broker; require date stamp |
| Initials Field | Place on each page requiring acknowledgment |
| Conditional Fields | Use for financing contingencies or dual agency disclosures |
| Authentication | Select email, SMS code, or knowledge-based authentication |
Platform and integration requirements for digital signing and recordkeeping of the Exclusive Right to Sell.
Enter MM/DD/YYYY; establishes listing start
End date in MM/DD/YYYY; governs commission period
Seller's timeframe to accept or counter offers
Number of days for property inspections and contingency removal
Target closing date used for escrow and title scheduling
Martin Properties replaced paper listing packets with an online Exclusive Right to Sell workflow that centralized signatures and disclosures for every property.
Xerox integrated electronic execution for standardized agreements to ensure consistent, signed copies across teams.
| 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 card required | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |