This form grants to a realtor or broker the sole and exclusive right to list and show the property on one ocassionsell the commercial property described in the agreement. 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.
Broker Property Real With A Lighter In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00439BG
Format:
Word;
Rich Text
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FAQ
Buyer-Broker Agreement: A legally binding contract that ensures your real estate agent is fully committed to representing your best interests. Transparency & Protection: The agreement outlines responsibilities, clarifies expectations, compensation, and ensures your agent works in your best interest.
In brief, dual agency is appropriate in a sales transaction only when it is agreed to – in writing – by fully informed sellers and buyers. One of three types of agency representation (see box), dual agency arises when a firm is representing both the sellers and buyers in an in-house sale situation.
As a home buyer, you have the choice of using a mortgage broker, or to go directly to a bank. Mortgage brokers are professionals who specialize in offering assistance to homebuyers by searching range of lenders, helping them understand the different lending options available and securing you the best deal possible.
In the vast majority of states, an agent can represent both a buyer and seller only with the parties' full knowledge and consent. In fact, most states have standard real estate forms where an agent must explain if they're acting as a dual agent in the transaction.