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 Georgia
Category:
State:
Multi-State
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Multiple Listing Service (MLS): What Is It An MLS is a powerful tool to further cooperative agreements between brokers for the sale of their listings and provide information necessary to permit such cooperation.
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.
The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.
Privacy Concerns: The seller may want to keep the sale private, limiting exposure to only interested buyers rather than the general public. Seller's Request: Sometimes, sellers specifically request not to list on the MLS for personal or strategic reasons, such as wanting to sell discreetly.
An open listing is a non-exclusive contract. This type of listing gives the seller or buyer the right to engage any number of brokers as agents.
Dual agency is illegal in the following eight states: Wyoming, Alaska, Vermont, Colorado, Flroida, Maryland, Texas, and Kansas. All the other states and the District of Columbia, permit dual agency.
Georgia allows real estate license reciprocity with every state in the U.S. except for Florida. Here's how you apply for your reciprocal license: Submit proof of a current (not lapsed or expired) real estate license from another state.
This type of brokerage relationship is called “dual agency”. Georgia law allows real estate brokers to act as dual agents if they first get the written consent of both parties.
