Listing Agreement Form With Multiple Agents In Georgia

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

Description

The Listing Agreement Form with Multiple Agents in Georgia is designed for property sellers who wish to allow various agents to showcase their property to potential buyers. This legally binding contract requires the seller to specify the property address and legal description while acknowledging the agent's role in the transaction. The form emphasizes the professional fee structure that the seller agrees to pay the brokerage upon the sale of the property. Key features include the option for the seller to choose between different agency relationships such as single agent representation for either party or a transactional agent role. Filling out the form involves entering the names of the seller(s), buyer(s), and agent along with their signatures and dates. The target audience for this form includes attorneys, partners, owners, associates, paralegals, and legal assistants who may need to facilitate property transactions or advise clients on real estate sales. This form helps ensure clarity in agency relationships and the responsibilities of all parties involved, protecting the interests of the seller and simplifying the sale process.

Form popularity

FAQ

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.

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.

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.

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.

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.

(d) Dual Agency: Georgia law allows both parties to agree to have one agent or broker represent them in a real estate transaction at the same time. In other words, the agent or broker has a client relationship with all parties to the transaction without acting in a designated agency capacity.

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.

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.

Trusted and secure by over 3 million people of the world’s leading companies

Listing Agreement Form With Multiple Agents In Georgia