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 Form With Marisa In Harris
Category:
State:
Multi-State
County:
Harris
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A listing agreement is between the parties that own a property and the agents or brokers who will find a buyer for it. Typically, a real estate listing agreement involves the property owner and a real estate agent. The property owner, or seller, grants the agent the right to market and sell the property.
The principal parties to the contract are the listing broker and the client. The client may be buyer, seller, landlord or tenant in the proposed transaction. Legally, the broker is the client's agent. The principal party on the other side of the transaction is a customer or a potential customer, called a prospect.
The requirement that all listing agreements have a definite expiration date is typically the responsibility of state real estate licensing laws and regulations. Each state has its own laws and regulations governing real estate transactions, including listing agreements between sellers and real estate agents.
All parties must agree to in writing to any changes. The listing agent is the only one that can make changes to the listing contract. All changes can be made by attaching a hand-written note to the existing contact.
Similarly, real estate agents may use electronic listing agreement forms to create an enforceable agency relationship with a client, as though it were a printed document manually signed by the client.
For a verbal contract to be legally binding in Florida, it must meet the following criteria: Offer and Acceptance: One party must make an offer, and the other must accept it. This mutual agreement forms the basis of the contract. Consideration: There must be an exchange of value between the parties.
The BROKER is granted the exclusive right to sell the PROPERTY, as the SELLER'S agent, during the term of the Agreement and the SELLER agrees to refer all inquiries to the BROKER, to cooperate in marketing the PROPERTY, including completing lead paint (if property built before 1978) and other forms.
Notably, the statute of frauds in Florida requires certain contracts to be in writing to be enforceable, such as those involving real estate transactions, agreements that cannot be performed within one year, and contracts for goods valued over a certain threshold.
