This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Listing Agreement Document With Multiple Agents In California
Category:
State:
Multi-State
Control #:
US-00056DR
Format:
Word;
Rich Text
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FAQ
Joint agents Joint agency agreements mean that you'll have two, rather than one, agents working to sell your property, but no more than that. Both of the agents in question must agree to this, and the decision over who gets the commission once the property is sold will also be made before the agreement is drawn up.
An open listing lets a property owner enlist multiple real estate agents to help them make a sale. Only the agent who finds a buyer earns the commission, but agents may also work together and divide the commission between them.
Working with more than one real estate agent is fine when you haven't signed an exclusive agreement with anyone, says Adam Aguilar, a real estate agent with Reliantra in West Toluca Lake, CA. “You can use as many as you wish, unless they stop to ask you to make a commitment to them, in writing,” Aguilar adds.
Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as a dual agent in California only if the buyer and seller are both aware of and consent to the dual agency.
It's normal to work with multiple realtors in the initial stages for a short time to see who you like. You need to tell them upfront, as they will eventually find out anyway and quickly loose interest. Their job is to ensure you get the best deal, represent you during the transaction and ensure it goes smoothly.
Yes, a buyer can work with multiple agents as long as they don't have a written exclusive (buyer representation) agreement with an agent or an agreement for same services from multiple REALTORS®.
Working with more than one real estate agent is fine when you haven't signed an exclusive agreement with anyone, says Adam Aguilar, a real estate agent with Reliantra in West Toluca Lake, CA. “You can use as many as you wish, unless they stop to ask you to make a commitment to them, in writing,” Aguilar adds.
Just be honest with them. Tell them you've chosen another. Agents know you don't get every listing you go for. If they ask why tell them.
Yes, you can use different brokers for each stock trade, as long as you have an account with each broker and you comply with their terms and conditions. However, there are some pros and cons of using multiple brokers that you should consider before doing so. Some of the pros are:
