as real estate agents continue to evolve in how they represent clients and how they are compensated, the types of agency relationships and agreements remain unchanged. for each one, the agreements must have a definite expiration date, the fair housing statement, the blockbusting statement, the hud logo and a place for the broker and seller to sign. the means there is an agency agreement between the seller and the broker, granting the broker the exclusive right to represent the seller in the sale or lease of the seller’s property. the exclusive agency agreement grants the broker the exclusive right to represent the seller in the sale or lease of the seller’s property, but changes how the broker will be compensated. if the property is sold or leased solely through the efforts of the seller, the broker would not be entitled to compensation.