After choosing a real estate company, you are ready to sign the
listing agreement. This agreement will state how much brokerage fee,
or "commission," shall be paid, who will receive it, who has the right to
produce potential buyers, and how long the agreement is valid. It
should also include a list of personal property that will go with the
house. The length of the listing contract will vary.

In the "Exclusive Right to Sell" agreement, the listing company is
entitled to a commission regardless of who sells your property. If
another office produces a buyer the commission you pay is shared
between the two companies.

A listing agreement is a binding contract. Read it through carefully and
ask questions until you understand every part of the agreement
before signing.

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