Broker Property Real Force 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 is a crucial legal document for engaging a real estate agent in Philadelphia. This exclusive agreement allows the designated broker to market and sell the property described, ensuring that all negotiations are conducted by the agent. Key features include stipulations on the sale price, terms of payment, and the duration of the agreement. The document grants the agent authority to advertise the property and to place a 'For Sale' sign on the property if authorized by the seller. It also specifies the commission to be paid to the agent upon successfully procuring a buyer. For a period following the agreement's termination, the agent may still receive a commission if a buyer identified during the contract period completes the purchase. This form is especially valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides clear instructions on filling out and executing the agreement. It promotes transparency in the transaction process and helps ensure that all parties involved understand their rights and obligations, fostering effective communication and collaboration during property sales.