What is the difference between exclusive right to sell and exclusive agency?

Exclusive right to sell and exclusive agency are both common agreements between homeowners and real estate agents in Washington State. Exclusive right to sell is an agreement between a homeowner and a real estate agent that gives the agent the exclusive right to sell the property. This means that the homeowner agrees to pay the agent a commission regardless of whether the agent finds a buyer or the homeowner sells the property on their own. This is the most common type of agreement used in residential real estate transactions in Washington. Exclusive agency is an agreement between a homeowner and a real estate agent that gives the agent the exclusive right to sell the property. However, unlike exclusive right to sell, the homeowner does not have to pay the agent a commission if the homeowner finds a buyer. In this agreement, the real estate agent will only receive commission if they are the ones who find the buyer for the property. In summary, the main difference between exclusive right to sell and exclusive agency is that exclusive right to sell requires the homeowner to pay a commission regardless of who finds the buyer, while exclusive agency only requires the homeowner to pay commission if the agent finds the buyer.

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What is the difference between exclusive right to sell and exclusive agency?

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