REO SoCal.com

 REO SoCal
 

REO SoCal.com is a dynamic foreclosure glossary and multi-database REO property search. REO SoCal provides information from the major government REO (Real Estate Owned) databases in addition to database information on pre - foreclosure, (currently in default and trustee sale status). You can also subscribe to our foreclosure "Term of the Day " feature.

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Foreclosure Term of the Day -

Exclusive Right to Sell

An agreement to give, for a specified period, only one broker the right to sell. If a sale during the term of the agreement is made by the owner or by any other broker, the broker holding the exclusive right is entitled to compensation.

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