What is an exclusive contract w/agent?

[Sam M.]

Exactly as stated in title. I am currently working a couple of FSBO SS flips. I am looking to start some short sale flips using agents to bring me listings and it was sugested that I talk to them about an exclusive contract.

What does that mean in the everyday A-B and B-C transactions/listings? :cool:

[Nick J.]

That means that agent will represent you on ALL transactions.

Probably NOT something you want to do.

Tell the agent you'll sign one of those as soon as they sign the same thing saying you are their only client and they're not contractually (is that how you spell it) allowed to represent anyone else in any transactions. Its only fair, if you can't work with other agents, they can't work with other clients.