Open “Non-Exclusive” Listing Agreement

An open listing lets an owner sell their home by themselves, but guarantees a Real Estate Broker if they bring you a buyer, they will receive a commission.

An Open Listing is a NON-Exclusive agreement, so the owner may execute open listings with more than one real estate broker and pay only the broker who brings an able buyer whose offer the owner accepts. The Seller will not receive representation on their side of the transaction, so the seller will not be covered under the listing brokers Insurance, nor does the Broker have a fiduciary duty to the Seller.

Note: Open listings are not popular with many full-service real estate brokers.

To request a recommendation of a listing agent for your property, who can provide an Open Listing, please complete the below form.

img

Patrick Hale

Patrick is the CEO and Broker of Record for The Local Realty, Inc. (a boutique lifestyle real estate company) and Founding Principle at LocalsTown, LLC. (a network media company) which jointly power 10+ trademarked brands and 500+ networks in the Real Estate, E-commerce, Advertising and Hospitality industries; including partnerships with 10,000+ referral partners across the world.

Related posts

5 Ways to Sell Your House Fast

You want to sell your home quickly and maximize your profit. Totally understandable. Unfortunately,...

Continue reading
by Rodrigo

Preparing to Sell Your Property

Every seller wants there home to sell fast and bring top dollar.  It's careful planning and...

Continue reading
by Patrick Hale

Short Sale Listing Agreements

If your home’s value is worth more than your current mortgage debt, you may qualify for a Short...

Continue reading
by Patrick Hale