What Is the Difference Between An Exclusive And Non-Exclusive Listing Agreement?

When diving into home ownership, you may notice words and terms flying around that you don’t understand. To avoid overwhelming you with the ins and outs of the real estate language, let’s start by talking about the difference between an exclusive and non-exclusive listing.

Exclusive Listing

An exclusive listing arrangement means you are granting your agent with exclusive access to find a buyer for your home. With this type of agreement no other agent will bring potential buyers to your home because only the listing agent is entitled to the commission. After an agreed period of time, you can arrange with your agent to have the listing appear on the MLS.

Non-Exclusive Listing

A non-exclusive listing arrangement means your listing will be posted on the MLS system and other agents will have the opportunity to bring potential buyers to your home. The advantage of this type of arrangement is the exposure of your home. Your listing will be syndicated to various websites including remax.ca which allows potential buyers and agents to consider your home. Non-exclusive listings are the most common type of agreements in the Canadian Real Estate market.

Your real estate agent will discuss both options with you to determine the right strategy for your home. Visit remax.ca to get in touch with a local RE/MAX agent who will be able to walk you through the options to determine which one is right for you!

By RE/MAX Canada|2019-12-18T21:58:15-05:00August 15th, 2019|Buying & Selling, Popular Q&A, Selling Tips|Comments Off

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A home is the biggest transaction most of us will ever make. That’s why it’s important to work with an experienced and knowledgeable real estate agent. For more than 20 years, RE/MAX has been the leading real estate organization in Canada and beyond. With a presence in over 100 countries and territories, the RE/MAX network’s global footprint is unmatched by any other real estate brand. RE/MAX has always been an industry leader, adopting the latest technology and creating innovative marketing programs. RE/MAX was the first brand to expand its reach world-wide through a revolutionary global listing site, featuring listings from more than 80 countries, displayed in over 40 languages. Closer to home is RE/MAX’s deep commitment to the communities we operate in. Our exclusive Miracle Home Program allows RE/MAX agents to donate a portion of every home sale to Children’s Miracle Network.