Listing Agreement Document With Realtor In Massachusetts

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

Description

The Listing Agreement Document with Realtor in Massachusetts is a legal contract that establishes the terms under which a seller permits a designated realtor to show their property to potential buyers. This document captures essential details including the address and legal description of the property, names of the seller and buyer, and the agreed-upon professional fee or commission structure. It specifies the agency relationship, including options for single representation or transaction assistance, ensuring clarity for all parties involved. Attorneys and paralegals can utilize this form to facilitate real estate transactions efficiently, while property owners and associates benefit from its clear terms and obligations, mitigating potential disputes. Users should fill in relevant information accurately, ensuring all parties have a copy for reference. This agreement is particularly useful for real estate agents managing property listings, as it outlines their authority and responsibilities in the transaction process, ultimately supporting a transparent and legally sound real estate practice.

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FAQ

A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property.

Every valid contract in California needs to have four essential elements. (1) The parties must be capable of contracting, (2) the parties must consent to the contract, (3) the contract must have a lawful object (they cannot be for illegal services), and (4) the contract must be supported by consideration.

The most important factors to consider in a residential listing agreement are the length of the agreement, the commission rate, and the terms, such as the duties and responsibilities of the real estate agent and broker. The termination clause, detailing under what conditions the contract can be ended, is also crucial.

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 ...

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.

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 ...

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 type of real estate contract in which a property owner gives a real estate agent or broker the authority to find a buyer for their property. If you decide to sell your home using a realtor, you will likely be asked to sign a listing agreement.

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Listing Agreement Document With Realtor In Massachusetts