In an exclusive right to sell agreement, what does the agent receive upon a successful sale?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

In an exclusive right to sell agreement, the agent is entitled to receive a commission regardless of who successfully sells the property. This agreement establishes that the agent has the exclusive right to market and sell the property, and as a result, they will earn their commission even if the seller themselves finds a buyer. This is a key feature of the exclusive right to sell arrangement, as it provides the agent with an incentive to actively promote the property and invest time and resources into selling it.

Under this arrangement, the seller is typically committed to paying the agreed-upon commission to the agent, acknowledging their role in facilitating the sale. This contrasts with other types of agreements, such as exclusive agency agreements, where the seller may not owe a commission to the agent if they sell the property independently. Overall, the exclusive right to sell gives agents a stronger financial incentive to work diligently in the sales process.

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