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 For Debt Securities In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
– A safety clause, also known as a safety protection clause or extender clause, is a provision in a listing agreement that allows the listing broker to still receive their commission fees if the property sells to a buyer they procured within a specified period after the listing expires.
Final answer: A residential listing agreement may include a "protection period" or "safety clause" that entitles a broker to a commission if the property is sold to a buyer introduced by the broker during the listing period, for a specific time after the listing has ended.
A listing agreement is a contract under which a property owner (as principal) authorizes a real estate broker (as agent) to find a buyer for the property on the owner's terms.
An exclusive listing is a type of real estate listing agreement in which a single broker is appointed as the seller's sole agent. In an exclusive agency listing, the seller retains the right to sell the property, with no obligation to the broker.
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.
A listing agreement should include a termination clause to outline conditions under which the property owner or real estate agent can end the contract early.
