Listing Agreement Contract With Broker In Wayne

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Wayne
• Control #: US-00056DR
• Format: Word; Rich Text

Description

The Listing Agreement Contract with Broker in Wayne is a legally binding document that authorizes a real estate agent to show a property to prospective buyers. It outlines essential details, including the property address and legal description, as well as the involved parties, namely the seller(s) and the buyer(s). Crucially, the seller agrees to compensate the agent with a professional fee based on a fixed amount or a percentage of the sales price, which is payable upon closing of the transaction. The form provides clarity on the agency relationship, indicating whether the agent represents the buyer, the seller, or acts as a transactional agent without representation. For the target audience—attorneys, partners, owners, associates, paralegals, and legal assistants—this form serves as both a tool for legal compliance and a mechanism to facilitate property sales. Completion of the form requires accurate information about the parties involved and property details, while editing is necessary if circumstances change (e.g., alterations to the fee structure). Its straightforward format ensures clarity for users with varying levels of legal knowledge, thereby promoting effective communication and transactional integrity.