Listing Agreement For Unimproved Property In Bexar

State:
Multi-State
County:
Bexar
Control #:
US-00440BG
Format:
Word
Instant download

Description

The Listing Agreement for Unimproved Property in Bexar is a legal document that grants exclusive rights to a broker or realtor to sell or exchange a property. It defines the term of the agreement and the sales price, highlighting the owner's commitment to provide evidence of title through a warranty deed and to correct any title defects promptly. The document specifies the broker's compensation, which is a percentage of the sales price, payable upon closing if an offer is accepted during the agreement term. It also includes provisions affecting the owner’s rights regarding offer acceptance and cooperation with the broker’s efforts, such as allowing property access for showings. This form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework for property sales while ensuring compliance with local laws in Bexar. Users can easily fill in details and clauses as applicable to their transactions, ensuring that all parties understand their roles and responsibilities within the agreement.
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  • Preview Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate
  • Preview Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate

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FAQ

exclusive listing agreement is a contractual agreement between a property owner and a real estate agent or broker that grants the agent the right to market and advertise the property for sale, but allows the owner to also market the property independently or engage other agents to assist in the sale.

The listing agreement may be exclusive or non-exclusive. When it is exclusive, the real estate agent has the right to a commission irrespective of who sells the home. When it is non-exclusive, the real estate agent will only get a commission if he or she sells the home.

Exclusive agreements limit a party's ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.

The disadvantage of of a non-exclusive agreement is that agents are more likely to put your needs behind those of their clients who have signed exclusive buyer brokerage agreements with them.

Answer: Yes. The contract forms are available for public use. A TREC contract form, however, is intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.

If you're a realtor, you are required to use the Texas Real Estate Commission (TREC) contract forms. Other people buying or selling land in Texas have additional options. You could have an attorney draft a custom contract for you, but this may be expensive.

The "Exclusive Right to Sell" is the most common, but there is the "open listing," the "exclusive agency listing," and the "one-time show." The "open listing" is mostly used by people trying to sell their home by owner who are also willing to work with real estate agents.

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Listing Agreement For Unimproved Property In Bexar