Exclusive Right to Sell
Plain-English form education, related documents, and how the pieces connect.
What this form is for
Designed for listings for the sale of 1-4 family residential dwellings including condominiums, townhomes, and patio homes. Appropriate addenda may be attached. May also be used for the listing of the sale of vacant residential lots.
Key sections and how to complete the form
Use the form in order. The sections below explain the main decisions, blanks, disclosures, or deadlines the form is designed to address. Complete the actual form from the transaction facts and the instructions printed on the current version.
1. Parties
Identify the seller and the broker and confirm the brokerage is being given the exclusive right to market the property during the listing term.
2. Property
Describe the property being listed, including the legal/property description and the improvements, accessories, exclusions, and other property information addressed by the form.
3. Listing Price
Enter the price at which the seller authorizes the property to be marketed. Any later price change should be documented in writing.
4. Term
Enter the beginning and expiration dates of the listing. The listing relationship and any protection-period provisions depend on these dates.
5. Broker Compensation and Seller Authorizations
Complete the compensation provisions and the seller authorization concerning disclosure of seller contributions toward buyer expenses. Use the current form language and document any later change with the appropriate amendment.
Property Access, Marketing, and Broker Services
Review the seller’s permissions for marketing, access, showings, signs, lockboxes, and other brokerage services so the file matches what the seller has actually authorized.
Seller Representations and Promises
Review the seller’s representations about ownership, liens, property condition, disclosures, and cooperation. This is where several separate seller disclosure obligations connect to the listing.
19. Addenda and Other Documents
This is the working checklist for documents that may need to accompany the listing or be obtained from the seller. Each checked item should be reviewed for the facts of that property.
21. Additional Notices
Review the notices printed in the agreement with the seller, including subjects such as fair housing, payoffs, surveillance, lead paint, FIRPTA, and wire fraud.
Execution
Confirm all required parties sign and date the agreement and that the broker/associate information is complete before treating the listing as active.
Related forms and resources
Paragraph 19 is the roadmap. The listing agreement itself points the agent to additional documents the seller may need to provide or the listing may need to include. Review each item against the actual property facts.
This is an educational guide. Access the current TXR form through your authorized Texas REALTORS® forms provider or brokerage forms system.
Need further assistance?
For transaction-specific questions, contact your broker or Broker Rochelle Fitzgerald at Fitz & Co. Real Estate.
For educational purposes only. Agents should verify current forms and consult with their broker when needed.