Exclusive Right of Sale Listing

Definition: An exclusive right of sale listing generally entitles the listing brokerage to compensation when the property sells during the agreed term, regardless of who finds the buyer, subject to the contract.

Example

The seller independently finds a buyer during the listing term, but the agreement still requires the negotiated brokerage fee.

Keep the distinction clear

The word exclusive concerns contractual compensation rights. It does not by itself identify Florida's legal brokerage relationship or set a commission rate.

Related terms

Exclusive Agency Listing · Open Listing · Commission

Keep studying

Open Listing vs. Exclusive Agency vs. Exclusive Right of Sale

References: California DRE: real estate glossary

Pronunciation (US): ik-SKLOO-siv ryt uhv sayl LIS-ting (capitals show stress)

Pronunciation reference: Merriam-Webster