This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Alabama One Time Listing and Showing Agreement is a specific type of agreement used in the real estate industry in the state of Alabama. It is commonly used by sellers and real estate agents to formalize their agreement for a one-time listing and showing of a property. The purpose of this agreement is to outline the terms and conditions under which the seller grants the real estate agent exclusive rights to list and show the property for a specific period of time. It specifies the responsibilities and obligations of both parties involved in the transaction. Some key elements that may be included in the Alabama One Time Listing and Showing Agreement are: 1. Property information: This includes details about the property being listed, such as the address, legal description, and any specific features or amenities. 2. Listing period: The agreement will state the start and end date of the listing period, during which the real estate agent has the exclusive right to market and show the property. 3. Commission: The agreement will specify the amount of commission the seller will pay the real estate agent upon a successful sale of the property. This is usually a percentage of the final sale price. 4. Marketing and advertising: The agreement may outline the marketing and advertising strategies the real estate agent will employ to promote the property and attract potential buyers. This can include listing the property on multiple online platforms, arranging open houses, or using traditional marketing techniques. 5. Seller obligations: The agreement may establish certain obligations for the seller, such as maintaining the property in good condition and making necessary repairs or upgrades. Different types of Alabama One Time Listing and Showing Agreement may exist, depending on the specific circumstances. For example, there may be variations for residential properties, commercial properties, or vacant land. These agreements may have some additional clauses or provisions tailored to the unique requirements of each type of property. It is important for both the seller and the real estate agent to carefully review and understand the terms of the Alabama One Time Listing and Showing Agreement before signing it. It is also recommended consulting with legal professionals or real estate agents familiar with Alabama real estate laws to ensure compliance and protection of their interests.
