Listing Agreement Form With Realtor In Philadelphia

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

Description

The Listing Agreement Form with Realtor in Philadelphia is a crucial legal document that establishes a binding agreement between sellers and real estate agents regarding the listing of a property for sale. This form outlines the responsibilities of both parties, including the agent's ability to show the property to potential buyers and the seller's obligation to pay a professional fee upon sale completion. It is important for users to fill in the property address and legal description, along with details about the seller and buyer. This form provides specific agency relationships, including options for single agent representation and transactional agency roles. Attorneys, partners, and associates can utilize this form to facilitate real estate transactions while ensuring compliance with local laws. Paralegals and legal assistants may assist sellers in completing the form accurately, while also providing guidance on its implications. Overall, the form serves as a foundational tool for real estate dealings, promoting clarity and legal compliance in the buying and selling process.

Form popularity

FAQ

A listing agreement is a legally binding contract between you — the homeowner — and the real estate broker (and agent) you hire to sell your property. It's a contract that outlines the realtor-seller relationship during a real estate transaction.

There are four common types of listings: open listings, exclusive right-to-sell listings, exclusive agency listings, and net listings.

An exclusive right-to-sell listing is the most commonly used real estate contract. With this type of listing agreement, one broker is authorized as the seller's sole agent and has exclusive authorization to represent the property.

The most predominant listing agreement in California is the Exclusive Right to Sell Agreement.

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.

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

(a) An agreement of sale, other than for a cemetery lot, mausoleum or cremation space or opening, shall contain: (1) The date of the agreement. (2) The names of the buyer and seller. (3) A description of the property and the interest to be conveyed.

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.

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Listing Agreement Form With Realtor In Philadelphia