âExclusive right to sell listing agreementâ means a listing agreement whereby the owner grants to a sellerâs agent, for a specified period of time, the exclusive right to sell, find, or obtain a buyer for the real property, and the sellerâs agent is entitled to the agreed compensation if, during that period of time, the real property is sold, no matter who effected the sale, or when the sellerâs agent receives and presents to the owner any enforceable offer from a ready, able, and willing buyer on terms that are authorized by the listing agreement or accepted by the owner. An âexclusive right to sell listing agreementâ may provide for compensation to the sellerâs agent if the property is sold within a specified period after termination of the listing agreement.
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