The most important thing about an exclusive listing is that it can't be found on MLS. It is a listing through one company and has to be sold through that company. It can be advertised in newspapers, personal websites, etc. but won't be found on the largest website of all-MLS. Since over 80% of homes for sale are found on MLS, it's not a good idea for sellers to list exclusively because your listing won't be seen by nearly as many potential buyers.
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