Listing Agreement Contract With Realtor In Miami-Dade

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

Description

The Listing Agreement Contract with realtor in Miami-Dade is a legally binding document that allows a seller to permit a specified realtor to show their property to potential buyers. It clearly outlines the responsibilities of the seller and the agent, including the payment of a professional fee upon successful sale of the property, which can be a fixed amount or a percentage of the sales price. The form includes essential details such as the address and legal description of the property, as well as the names of the seller and buyer. Users are advised to seek legal counsel if they do not fully understand the terms of the agreement. This document is particularly useful for attorneys, partners, and legal associates who need to ensure compliance with real estate laws, as well as for owners and agents representing their interests during transactions. Paralegals and legal assistants may also benefit from familiarity with this form, as it streamlines the process of property sale and enhances communication among parties involved, ensuring clarity regarding agency relationships. Properly filling out and understanding this agreement is vital for maintaining transparency and legal integrity in real estate dealings.

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FAQ

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.

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.

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 Florida real estate lawyer can also draft a real estate contract for you, especially helpful if you are buying or selling in a “for sale by owner” situation without a Realtor involved.

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.

15, 2024 Updated Thu., Aug. 15, 2024 at p.m. SANTA ANA, Calif. — Starting this week, most home shoppers will need to sign contracts with agents to view properties for sale, binding them to paying their own commissions if they can't get a seller to cover it.

Explanation: A written listing agreement between a seller and a broker is an example of a bilateral contract. A bilateral contract is a type of contract where both parties make promises to each other. In this case, the seller promises to sell the property and the broker promises to find a buyer.

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Listing Agreement Contract With Realtor In Miami-Dade