Two main groups of sellers may find the most benefit from an exclusive right-to-sell agreement.
The first are sellers who want to work with a specific agent or brokerage. If an individual or company in your area has made a name for themselves by doing great work, locking in an exclusive agreement with them may be well worth the service you’ll get in return.
The second group consists of sellers who prefer a streamlined selling process. With the exclusive right to sell agreement, you will likely get a motivated agent who will communicate with all buyers and their agents, market your property and negotiate closing in a timely and efficient manner.
If you are comfortable handling this process on your own, or do not want to be restricted to a contractual obligation to pay a commission regardless of who finds the end buyer, an exclusive right to sell agreement may not be an ideal fit.