Blank Real Estate Contract With Agent

State:
Multi-State
Control #:
US-00623
Format:
Word; 
Rich Text
Instant download

Description

The Blank Real Estate Contract with Agent is a comprehensive agreement designed for real estate salespersons and brokers. It outlines the responsibilities of the salesperson, including their obligation to diligently promote the broker's interests and complete sales. Key features include the salesperson's financial obligations, such as monthly servicing fees and the responsibilities for dues and insurance payments. The contract specifies the commission structure, with standard rates for various property types while allowing modifications as agreed upon by both parties. A referral fee system is also established, and any additional agreements related to expenses are to be borne by the agent. The document is legally binding and is governed by the laws of the specified state, ensuring clarity and completeness in the relationship between the broker and salesperson. This form is particularly useful for attorneys, partners, and paralegals who assist in real estate transactions, as it provides a clear framework for the roles and financial arrangements involved. Legal assistants may benefit from using it to maintain compliance and ensure all necessary provisions are included. Overall, the form serves as an essential tool for managing essential real estate relationships effectively.
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How to fill out Salesperson Contract - Percentage Contract - Asset Purchase Transaction?

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FAQ

At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.

Typically, the buyer's agent writes up the purchase agreement. However, unless they are legally licensed to practice law, real estate agents generally can't create their own legal contracts. Instead, firms will often use standardized form contracts that allow agents to fill in the blanks with the specifics of the sale.

How to write a real estate purchase agreement Identify the address of the property being purchased, including all required legal descriptions. Identify the names and addresses of both the buyer and the seller. Detail the price of the property and the terms of the purchase. Set the closing date and closing costs.

Your offer should include: The name of the seller. The address of the property. The names of anyone who will be on the title, including yourself. The purchase price you're offering and down payment. The earnest money deposit. Any contingencies you'd like to include. Any concessions you're requesting from the seller.

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Blank Real Estate Contract With Agent