Listing Agreement Form With Multiple Agents In San Jose

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

Description

The Listing Agreement Form with Multiple Agents in San Jose is a legally binding document that outlines the terms under which a seller agrees to allow a designated agent to show their property to potential buyers. This form includes fields for seller and buyer names, the property address, and the specific agent involved. Sellers must specify the professional fee or percentage of the sale price to be paid upon closing. Key features of the form include clear definitions of agency relationships, such as single agent and transactional agent, ensuring all parties are aware of their obligations. For attorneys, partners, and other legal professionals, this form provides a structured approach to facilitate real estate transactions while safeguarding seller interests. The document should be filled out with accurate property details and the associated fee clearly noted. It is important for users to understand that if any terms are unclear, legal advice should be sought prior to signing. This form is particularly useful for real estate associates and legal assistants who support the transaction process. It simplifies the negotiation process and establishes clear expectations for all parties involved.

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FAQ

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.

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

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.

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.

Just be honest with them. Tell them you've chosen another. Agents know you don't get every listing you go for. If they ask why tell them.

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.

How do I add a Co-Listing Agent? Select Listings from the main menu. Find your listing. Choose Add Co-Listing Agent. Select one from your office or MLS. Choose Notification preferences. Please Note: These agents can be set up to have similar or different notification preferences than you do.

Multiple Listing Service (MLS): What Is It An MLS is a powerful tool to further cooperative agreements between brokers for the sale of their listings and provide information necessary to permit such cooperation.

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.

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Listing Agreement Form With Multiple Agents In San Jose