Real estate contracts are used to protect the interests of the seller as well as the real estate agent. If you want to make it easier on yourself when selling a home, a real estate agent is the best way to do that.
Exclusive Right To Sell Listing
The Exclusive Right to Sell Listing Contract gives the agent the full right to do whatever he or she deems necessary to get the home or property sold.
The One-Time Listing is usually used by people who want to sell their own home but it also allows real estate agents to show the home, if sold, the agent makes a commission on the sale.
Open Listing is similar to One-Time Listing in that it allows the real estate agent to show your home and make a commission on the sale. However, this does not give the agent any exclusive or binding rights to the sell of your home.
Exclusive Agency Listing
The Exclusive Agency Listing gives the agent commission on the sales if the agent has been a part of the process of the home being sold. However, if the home is sold with no help from the agent, the agent receives no commission from the sale.
Always consult a lawyer before signing any contract. Contracts can be very complicated to read and you may not understand the fine print in the contract.