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

Broker Commercial Property Real Formula In Oakland

Category:

Real Estate - Brokers

State:

Multi-State

County:

Oakland

Control #:

US-00439BG

Format:

Instant download

Description

The Broker Commercial Property Real Formula in Oakland is an exclusive listing agreement that engages a real estate broker or realtor to sell a specified commercial property. Key features of the form include the establishment of an exclusive selling right for the agent, detailed property description, and outlined terms for payment. This agreement is effective for a predetermined period with a renewal option, and includes stipulations on advertising and negotiating practices. The agent's responsibilities encompass property inspections, marketing efforts, and maintaining communication with the seller. The agreement also covers commission details based on the sale price and includes guidelines for deposit acceptance. It's particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, providing a clear framework for both listing and selling commercial properties while ensuring compliance with applicable regulations.

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FAQ

The statutory merger of the real estate and business opportunity licenses occurred in 1966. Since then, a real estate license is required to engage as an agent in the sale or lease of business opportunities.

What is a commercial brokerage? Commercial brokerage is a business activity in which a business entity (or broker) acts as a middleman between people (principals) who are buying and selling goods or providing services.

Due to years of experience, commercial real estate experts have more access and a vast network of connections — access to listings, resources, tools, and data that someone on their own would not be able to access; connections that have been fostered over years of working in the industry.

A commercial real estate broker is the expert intermediary between landlords and tenants. While they're always working to get the best outcomes for their clients, the roles and priorities of brokers change depending on which side of the transaction they're on.

1. Compass. Compass is the largest independent real estate brokerage company, with a sales volume of $227,977,000,000 and 210,365 transactions in 2022. Founded initially as Urban Compass in 2012 by Robert Reffkin and Ori Allon, the company is headquartered in New York City, New York.

A real estate broker is a professional with a state real estate broker license who helps buy, sell and transfer property. They use their expertise and knowledge of the real estate industry to assist clients with paperwork, decision-making and legal compliance.

Real estate agents are required to work under a supervising real estate broker in California. Brokers, on the other hand, have the freedom to work under another broker, work completely independently, or build their own real estate companies full of real estate agents working under them.

The salaries of Commercial Real Estate Brokers in The US range from $13,299 to $2,801,243 with a median salary of $175,869. Most of Commercial Real Estate Broker make between $144,797 to $185,848.