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Updated over 5 years ago, 06/28/2019
What is an exclusive listing worth to an agent?
Do real estate brokers ever pay sellers for exclusive listings?
I ask the question, because I had a property on the market...the listing expired without selling...and now I'm getting a bunch of calls from agents who troll MLS for expired listings.
I have something they want, and I'm wondering how much they want it. What is the value of an exclusive listing?
Hypothetically, let's say there was a non-refundable monthly fee paid by the broker to the seller for the exclusive right to sell a property. Agents would not take listings they're not confident they can sell. Agents would be motivated to sell quickly or release the listing. Sellers would be compensated for a listing that isn't moving.
Obviously, agents won't like the idea, but I'm just curious. Does it ever happen? If not, why not? If there's a demand for a seller's listing, why should the seller give it away?
Looking forward to a lively discussion.