Agent For Commercial Property In Collin

• Category: Real Estate - Brokers
• State: Multi-State
• County: Collin
• Control #: US-00439BG
• Format: Word; Rich Text

Description

The Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate (Exclusive Listing) serves as a formal arrangement between a seller and an agent for the sale of a specific commercial property in Collin. This document outlines the exclusive rights granted to the agent to sell the property and includes key elements such as the property description, sale price, and payment terms. It specifies the duration of the agreement, agent responsibilities, and commission details, ensuring that both parties understand their obligations. The form also allows for flexibility in listing duration and eases the transition to month-to-month contracts if needed. It mandates seller referrals of inquiries to the agent and delineates procedures for deposit handling, ensuring transparency in financial transactions. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it helps facilitate compliance and clarity in sales processes. It promotes effective communication and negotiation while protecting the interests of the seller and the agent.