Listing Agreement Form With Multiple Agents In Santa Clara

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

Description

The Listing Agreement Form with Multiple Agents in Santa Clara is a legally binding contract designed for property sellers who wish to allow various real estate agents to show their home to prospective buyers. The form specifies the responsibilities of both the seller and the agent, including the payment of a professional fee, which can be a fixed dollar amount or a percentage of the sales price, payable at closing. Users of this form should ensure they provide accurate details including the address and legal description of the property, as well as the names of the seller and the agent. The agreement also outlines the agency relationship, allowing for different types of representation, such as single agents for buyers or sellers, transactional agents, and non-representing agents. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it facilitates clear communication and expectations between sellers and agents. When filling out the form, all parties should review the terms carefully and seek legal advice if necessary to ensure understanding and compliance. This item is tailored to streamline the selling process, making it easier for sellers to work with multiple agents efficiently.

Form popularity

FAQ

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.

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.

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

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.

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.

An open listing allows the seller to work with multiple agents, while a net listing gives the agent the exclusive right to sell the property.

An open listing is a non-exclusive contract. This type of listing gives the seller or buyer the right to engage any number of brokers as agents.

An open listing lets a property owner enlist multiple real estate agents to help them make a sale. Only the agent who finds a buyer earns the commission, but agents may also work together and divide the commission between them.

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Listing Agreement Form With Multiple Agents In Santa Clara