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Real Estate Glossary

Exclusive Agency

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Written by Richard Wilson

This is an agreement where a broker has the exclusive rights to represent a tenant or an owner. Should the tenant or owner utilize another broker, both the actual and original broker are entitled to their own leasing commissions.

This is an agreement where a broker has the exclusive rights to represent a tenant or an owner. Should the tenant or owner utilize another broker, both the actual and original broker are entitled to their own leasing commissions.

About the author

Richard Wilson