Exclusive selling contract .

To: _________, Broker

In consideration of your listing and endeavoring to sell the property described as _________[description], the undersigned authorizes you by this agreement to sell the property at the price and upon the terms set forth in this authorization, namely: _________, or at any other price or terms the undersigned may agree to accept for it, and upon your procuring a purchaser, agrees to pay you a commission of _____% of the purchase price of it.

Your authority under this agreement shall be sole and exclusive for a period of _________ months from this date, up to and including _________[date].

The undersigned agrees to refer to you all inquiries received regarding the purchase of the property, whether from real estate brokers, prospective purchasers or others, and further agrees to exhibit the premises at reasonable hours during the period of this authorization.

Your commission shall also be considered earned in the event the property is sold or contracted to be sold by anyone during the term of your exclusive authority under this agreement.

Should the buyer require mortgage financing, the undersigned will agree in the contract of sale of the property that you are to have _________ days in which to arrange same. The undersigned will pay to you or to anyone designated by you, the charges of the lender amounting to _____% of the amount of the above mentioned mortgage, as a commitment and discount fee, upon your procuring a commitment, and agrees to cooperate with you, prospective lenders and their representatives, and to execute all papers and instruments as required by the prospective lender.

It is further agreed that you shall have the right to erect or place a sign on the premises for the purpose of advertising.

Dated _________.

_________[Owner's signature]

 

Accepted by _________[broker].

 

______________________________________________________________________________________

 

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