Broker Properties Real Without In Philadelphia

• Category: Real Estate - Brokers
• State: Multi-State
• County: Philadelphia
• 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) is a crucial document for real estate transactions in Philadelphia. This form allows the Seller to engage a Realtor as their exclusive agent for selling a specified property. Key features include determining the sale price, payment terms, and duration of the agreement, which can extend to a month-to-month basis unless terminated. The Agent is responsible for marketing the property, negotiating potential sales, and coordinating with other brokers. This agreement also outlines the commission structure based on the final selling price. It serves to limit the Seller's ability to engage other brokers while the agreement is in effect, ensuring a focused sales effort. Users including attorneys, partners, and legal assistants will find this form essential for creating a binding arrangement that protects both parties' interests. By clearly defining roles, responsibilities, and expectations, this form simplifies the property selling process in a legal framework, making it beneficial for professionals navigating real estate transactions.