What does the seller do in an exclusive right to sell agreement?

In an exclusive right to sell agreement, the seller grants the real estate agent the exclusive right to market and sell their property for a specified period of time. This means that the seller waives their right to sell the property independently, as they are relying on the agent's efforts to find a buyer. The agent is typically entitled to a commission regardless of who sells the property, whether it is the agent or the seller themselves engaging a buyer.

By entering into this type of agreement, the seller benefits from the agent’s marketing strategy, professional network, and resources, which can lead to a quicker sale at potentially better terms. This arrangement motivates the agent to invest time and resources into promoting the property, knowing that they will be compensated if the property sells during the exclusive period.

In contrast, the other options do not accurately represent the nature of an exclusive right to sell agreement. For example, the option suggesting that the seller keeps the right to sell independently misrepresents the exclusivity of the agreement; the seller is bound to work through the appointed agent for the sale.