Broker Exclusion Clause Form – Fill Out and Use This PDF

Broker Exclusion Clause Form PDF Details

A broker exclusion clause is a written provision in a real estate listing agreement. It identifies one or more specific buyers who are excluded from triggering the listing broker's commission. If the property is sold to an excluded buyer, the seller does not owe any commission fees to the listing broker.

This clause is used most often when a seller participates in an employer-sponsored Home Sale Assistance program. Under these programs, a relocation company such as Cartus Corporation may purchase the property directly from the seller or negotiate the sale on the seller's behalf. Without a valid exclusion provision in the listing agreement, a commission dispute could arise between the seller and the broker.

Key requirements for using this form:

• The clause must be signed by both the seller and the listing broker before any excluded buyer makes an offer
• The form specifies the name of the excluded buyer and the timeframe of the exclusion
• The listing agent may need to provide buyer qualification information to verify any offer forwarded to the relocation company
• The exclusion applies only to the named buyer and does not affect the listing agreement for other potential buyers

If you are handling other real estate transactions, you may also need a Broker Fee Agreement Form, a Real Estate Listing Agreement, or an Agreement Addendum Template.