Listing Agreement Document With Iphone In Massachusetts

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

Description

The Listing Agreement Document with iPhone in Massachusetts is a legally binding contract that facilitates a seller's agreement with a realtor to show a property to potential buyers. Key features of this form include the designation of the seller, buyer, and realtor, along with the specifics of the professional fee that the seller agrees to pay the realtor upon the closing of a sale. It is crucial for users to accurately fill in details such as the legal description of the property and the agreed compensation structure, which can be a fixed dollar amount or a percentage of the sales price. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this document useful in real estate transactions, as it establishes clear terms of agency and protects the interests of all parties involved. Users are advised to thoroughly understand the implications of this contract and seek legal advice if needed. This form is particularly relevant for those in the real estate sector, as it streamlines the process of listing properties and formalizes the agency relationship with realtors. Key instructions for filling out the form include ensuring all names are printed clearly and that all sections are completed before signing to prevent any legal disputes later.

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FAQ

“Listing agreement” means a written contract between a seller of real property or a business opportunity and a real estate broker by which the broker has been authorized to sell the real property or find or obtain a buyer, including rendering other services for which a real estate license is required to the seller ...

An exclusive right to sell grants a single real estate agency exclusive authority to market and sell a property, ensuring the listing agent earns a commission regardless of who finds the buyer. While this agreement is active, the property owner cannot use another agent.

With an Exclusive Right to Sell agreement, the agent has the incentive to employ a comprehensive marketing strategy to attract potential buyers. They can allocate their resources, advertise the property extensively, utilize various marketing channels, and leverage their network to maximize exposure.

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.

"Exclusive right to sell listing agreement" means a listing agreement whereby the owner grants to a seller's agent, for a specified period of time, the exclusive right to sell, find, or obtain a buyer for the real property, and the seller's agent is entitled to the agreed compensation if, during that period of time, ...

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.

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.

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.

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Listing Agreement Document With Iphone In Massachusetts