Broker Commercial Property Without A Realtor In Montgomery

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

Description

The Broker Commercial Property Without a Realtor in Montgomery document serves as a comprehensive listing agreement for sellers looking to sell their commercial property without the involvement of a realtor. This form grants the broker exclusive rights to sell the property, stipulating that the property may be sold as a single unit or in parts. It specifies a minimum sale price and terms of payment, while outlining the duration of the agreement, which can be extended monthly if not canceled. The broker has the authority to place a 'For Sale' sign and is required to handle all inquiries and negotiations. If the broker secures a willing buyer within the agreement's term or shortly after, the seller agrees to pay a commission. Additional responsibilities for the broker include advertising the property, keeping the seller informed about the sale's progress, and handling any deposits related to the sale. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, providing them with a clear outline of obligations and rights that ensure a smooth process without a realtor's assistance.