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Listing Agreement With A Broker Or Realtor To Sell Commercial...

Listing Agreement Example In Massachusetts

Q: What best describes a listing agreement?

A real estate listing agreement also known as a seller&#039;s agent agreement is a contract between a property owner and a real estate broker. It permits the broker to sell the home on the seller&#039;s terms, locating an appropriate buyer. The property owner pays the brokerage a commission for acting as the listing agent.

Category:

Real Estate - Brokers

State:

Multi-State

Control #:

US-00439BG

Format:

Instant download

Description

The Listing Agreement Example in Massachusetts is a legal document used by sellers to engage a broker or realtor for the exclusive sale of their commercial property or real estate. This form outlines the responsibilities of both the seller and the agent, including the terms of sale, commission structure, and duration of the agreement. Key features include the description of the property, sale price, terms of payment, and conditions under which the agreement may be terminated. Users can modify sections to reflect their specific property details and desired terms. This form serves various target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, providing clarity and structure for real estate transactions. Legal professionals will find it beneficial for guiding clients through the sales process, ensuring compliance with Massachusetts laws, and facilitating smooth negotiations and transactions. Additionally, the clear instructions within the form help paralegals and legal assistants assist clients effectively while maintaining the professional standards required in real estate dealings.

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FAQ

A real estate listing agreement – also known as a seller's agent agreement – is a contract between a property owner and a real estate broker. It permits the broker to sell the home on the seller's terms, locating an appropriate buyer. The property owner pays the brokerage a commission for acting as the listing agent.

Listing agreements vary. Each type has its own advantages and disadvantages: Exclusive Right-to-Sell Listing: The most common type. It grants the broker the exclusive right to sell your home, regardless of who finds the buyer.

A listing agreement is an example of an agency relationship that is created by express agency. In this context, express agency arises when the principal explicitly states their intention to create an agency relationship with the agent through a written or verbal agreement.

The exclusive right to sell listing agreement is the most common type of agreement in real estate. Under this arrangement, the broker is given exclusive rights to market the property for a set period.

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.

A Massachusetts real estate agent listing agreement is a document that sets forth the terms of the relationship between a real estate broker and a buyer or seller of property. The contract outlines each party's rights and obligations regarding a real estate transaction.