Listing Agreement Document With Realtor In Virginia

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

Description

The Listing Agreement Document with Realtor in Virginia is a legally binding contract designed for real estate transactions. This form facilitates the agreement between sellers and real estate agents regarding the showing and potential sale of a property. Key features include the specification of the agent's name and brokerage, the agreed-upon professional fee, and acknowledgment of agency relationships, whether as a single agent, transactional agent, or non-representing agent. Users must accurately fill in the property address, legal description, and details of the involved parties. To ensure clarity, the parties are encouraged to seek legal advice if unsure about the terms. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions, as it provides a clear framework for collaboration between sellers and agents. It is also useful for establishing mutual understanding of responsibilities, fee structures, and legal disclosures required in the real estate process.

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FAQ

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

The most predominant listing agreement in California is the Exclusive Right to Sell Agreement. This agreement entitles the listing agent to a commission regardless of who finds the buyer, granting them exclusive marketing rights for the home. Other types of agreements exist but are less common.

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.

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 contract where the terms and conditions are put forward by one party and the other party is not given an opportunity to negotiate or amend those terms and conditions.

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 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.

Standard agreements have features that distinguish them from other contract types. These features are essential elements such as minimum bargaining rights, high trading volumes, and low risk. A standard form of agreement can be used when a business needs to set the same terms for many people purchasing its products.

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Listing Agreement Document With Realtor In Virginia