Listing Agreement Document With Realtor In Clark

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

Description

The Listing Agreement Document with Realtor in Clark is a legally binding contract that facilitates the arrangement between a seller and a real estate agent. This form allows sellers to authorize a designated realtor to show their property to potential buyers and outlines the terms for remuneration should a sale occur. Key features of the agreement include the seller's acknowledgment of the agency relationship, specifying whether the real estate agent acts as a single agent for either the buyer or seller, or as a transactional agent. The agreement requires the seller to provide the legal description of the property and outlines the seller's obligation to pay a commission fee based on a fixed dollar amount or percentage of the sales price at closing. This document is valuable for various target audiences, including attorneys who may need to review agreements for compliance, partners managing real estate transactions, owners looking to sell properties, associates in real estate firms, and paralegals or legal assistants involved in document preparation. By using this form correctly, users can ensure a clear understanding and representation of both the seller's and agent's responsibilities in the real estate transaction.

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FAQ

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

When the listing is signed by an authorized licensee member of the broker's staff or by the broker himself, it becomes a (bilateral) contract, with a 5-day management approval contingency. Broker (or broker's agent) must give the seller a copy of the agreement at the time of signing.

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

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

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 legally binding contract that creates an agency relationship authorizing a broker to serve as the agent for a principal in a real estate transaction.” In other words, a listing agreement is an employment contract between a client and a broker that spells out what the broker is responsible for ...

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

A listing agreement is a written document signed by all owners of real estate or their authorized attorney in fact authorizing a broker to offer or advertise real estate described in such document for sale or lease on specified terms for a defined period of time and is only valid if signed by all owners or their ...

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Listing Agreement Document With Realtor In Clark