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 With Multiple Agents In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
It's normal to work with multiple realtors in the initial stages for a short time to see who you like. You need to tell them upfront, as they will eventually find out anyway and quickly loose interest. Their job is to ensure you get the best deal, represent you during the transaction and ensure it goes smoothly.
Joint agents Joint agency agreements mean that you'll have two, rather than one, agents working to sell your property, but no more than that. Both of the agents in question must agree to this, and the decision over who gets the commission once the property is sold will also be made before the agreement is drawn up.
Working with more than one real estate agent is fine when you haven't signed an exclusive agreement with anyone, says Adam Aguilar, a real estate agent with Reliantra in West Toluca Lake, CA. “You can use as many as you wish, unless they stop to ask you to make a commitment to them, in writing,” Aguilar adds.
Most agents expect you to query multiple agents at a time, so it's usually not a problem. A few agents do request exclusive submissions, though, so look out for that. Most agencies don't want you to query multiple agents at the same agency at the same time. Read each agent's submission instructions carefully.
Q: Can two separate brokerages with no affiliation co-list a property together with two listing agents—one from each brokerage? A: Yes. There is no law or regulation prohibiting this conduct, but this arrangement raises some important issues.
Working with more than one real estate agent is fine when you haven't signed an exclusive agreement with anyone, says Adam Aguilar, a real estate agent with Reliantra in West Toluca Lake, CA. “You can use as many as you wish, unless they stop to ask you to make a commitment to them, in writing,” Aguilar adds.
Yes. Licensees are encouraged to subscribe to all the MLSs of their principal broker where they benefit from receiving access to information and services, including current listing information, sold data, lockboxes service, and more.
An MLS allows brokers to see one another's listings of properties for sale with the goal of connecting homebuyers to sellers. An MLS helps real estate agents and brokers connect by consolidating and sharing information while sharing commissions.
MLS ADVANTAGE This helps level the playing field; regardless of which site a potential buyer may use, the information is available for all actively listed properties. The MLS also gives your agent the ability to access listing data furnished by members of other nearby Realtor boards.
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.
