Agent For Commercial Property In Washington

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

Description

The Listing Agreement With A Broker Or Realtor To Sell Commercial Property or Real Estate in Washington serves as a formal contract between a seller and an agent, allowing the agent exclusive rights to market and sell a specific property. Key features of the form include defining the property, setting a minimum price, and establishing the terms of sale. The agreement is typically effective for a specified period, with provisions for month-to-month renewal unless otherwise terminated with notice. The form outlines the agent's obligations, such as advertising the property and providing sales updates, while also detailing the seller's responsibilities, including referring all inquiries to the agent. It specifies the commission structure based on the selling price and includes terms for handling deposits. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for negotiations and transactions in commercial real estate. Proper completion of the form ensures that all parties have a mutual understanding of their roles, thereby reducing potential disputes.