Listing Agreement Contract With Realtor In Phoenix

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

Description

The Listing Agreement Contract with Realtor in Phoenix is a legally binding document used by sellers and real estate agents during the sale of a property. It allows sellers to authorize a designated realtor to present their home to potential buyers. Key features of this form include the identification of the property, listing the seller's and buy's names, and the agreement on a professional fee, which can be a set dollar amount or a percentage of the sales price, payable at closing. Users must ensure the accurate completion of all sections, including the agent's name and the agency relationship type, which can vary between representing the buyer, seller, or acting as a transactional agent. This contract is valuable for various professionals in the legal and real estate sectors, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it clarifies roles, responsibilities, and fees associated with property transactions. It is advisable for users with limited legal experience to seek clarification on any part of the agreement they do not understand. Overall, this form serves as a critical tool for facilitating real estate transactions and ensuring all parties involved are informed and protected.

Form popularity

FAQ

A listing agreement is a contract between a property owner and a real estate brokerage that authorizes the broker to represent the seller and act as their agent in the sale of the property.

A listing agreement is a written document signed by all owners of real estate or their authorized attorney in fact authorizing a broker to offer or advertise real estate described in such document for sale or lease on specified terms for a defined period of time and is only valid if signed by all owners or their ...

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.

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 ...

At this point, your REALTOR will take the final steps necessary for selling your home, including the preparation and staging of your home before it's officially listed in the Multiple Listing Service (MLS) databases. This includes: Making an extra key for the lockbox. Arrange for the installation of the yard sign.

The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing. The listing agreement is an employment contract rather than a real estate contract: The broker is hired to represent the seller, but no property is transferred between the two.

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.

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.

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

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Listing Agreement Contract With Realtor In Phoenix