Realtor Broker Agent Forum In Suffolk

• Category: Real Estate - Brokers
• State: Multi-State
• County: Suffolk
• 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 formal contract between a seller and a realtor based in Suffolk, assigned the exclusive rights to sell a particular property. This document is crucial for establishing terms such as the property's sale price, duration of the agreement, commission structure, and responsibilities of both the seller and the agent. It includes instructions for filling in details about the property, payment terms, and the duration of the listing, offering flexibility for the seller with provisions for month-to-month renewal or termination with notice. The agreement clearly delineates the agent's duties, including marketing the property, making a diligent effort to find a buyer, and keeping the seller informed throughout the sales process. This form serves various professionals including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for real estate transactions and protects the interests of all parties involved. It is essential for avoiding misunderstandings and legal disputes by clearly articulating the expectations and obligations of the realtor and the seller.