Listing Agreement Document With Broker In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Listing Agreement Document with Broker in Bronx is a legally binding contract that facilitates the sale of a property between sellers and a brokerage. This form enables sellers to authorize a designated agent to show their home to prospective buyers. Key features include the specification of the property address and legal description, details of the seller’s agreement to pay a professional fee upon sale, and acknowledgment of the agency relationship between the parties involved. Filling out this form requires sellers to provide their names and the agent's information, including the agreed payment, which can be a fixed fee or a percentage of the sales price. The form is particularly useful for attorneys who need to ensure compliance with real estate laws, partners and owners seeking to streamline a property sale, associates and paralegals assisting in transactions, and legal assistants keeping proper documentation. It serves as a clear record of the agreement and protects the rights and responsibilities of all parties involved in the property transaction, making it a vital tool in Bronx real estate dealings.

Form popularity

FAQ

The answer is the agreements are terminated. In the event of the death of a broker, all the listings held by the broker will terminate, as well as cause all the licenses of the broker's associates to become inactive.

There are four common types of listings: open listings, exclusive right-to-sell listings, exclusive agency listings, and net listings.

A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property. The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

A "listing agreement" is a contract between a real estate agent or broker (the industry professional who will be listing the property for sale) and a home seller.

The most predominant listing agreement in California is the Exclusive Right to Sell Agreement.

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

An exclusive right-to-sell listing is the most commonly used real estate contract. With this type of listing agreement, one broker is authorized as the seller's sole agent and has exclusive authorization to represent the property.

Types of Listing Agreements Exclusive Right to Sell Listing. As the most commonly used listing agreement, the Exclusive Right to Sell Listing's name pretty much says it all. Open Listing. An Open Listing Agreement is the exact opposite of an Exclusive Right to Sell Listing Agreement. Exclusive Agency Listing.

The most common is the Exclusive Right to Sell or Lease Listing Agreement. 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.

In real estate, a listing agreement is a contract between homeowners and brokers that legally establishes how a realtor will find a property buyer on the seller's behalf. Listing agreements serve as a hiring contract with the agent for the sale of a property, and are only valid for a set amount of time.

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Listing Agreement Document With Broker In Bronx