An agreement to employ a particular broker. If another broker makes the sale, both are entitled to commissions. …
Exclusive Buyer’s Agent (EBA)
An agent, company, or franchise working exclusively for buyers as a fiduciary agent. EBAs do not represent sellers or list properties. …
Exclusive Listing
A contract that gives an agent the exclusive right to market a property for a specific period of time. …
Exclusive Right-to-Sell Agreement
An Exclusive Right-to-Sell Agreement is a contract between a property owner and a real estate broker. It grants the broker the sole right to sell the property and earn a commission, regardless of who …
Executed Contract
An Executed Contract is a legal agreement between two or more parties that has been fully signed, delivered, and performed. In the context of real estate, an executed contract is a binding agreement …
Executor
A person appointed to carry out the instructions in a will. If no executor is named in the will, a probate court will appoint an executor. …