Arkansas One Time Listing and Showing Agreement

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

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.


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FAQ

A One Time Showing Agreement form is an agreement between the buyer's broker and the homeowner listing the property for sale. In the document, the broker will list people's names that they plan on showing the property. Those buyers may potentially put in an offer and purchase the property.

As in all real property transactions in Arkansas, there is no disclosure statute addressing the individual owner/seller.

An accepted offer becomes enforceable once both the buyer and the seller have signed the contract, and the buyer has paid the deposit. Generally, several copies are signed, and both the buyer's attorney and the seller's attorney keep a copy of it.

Arkansas does allow disclosed dual agency. In Arkansas, with dual agency, the agent is not allowed to communicate personal information about one party to the other since it could provide an unfair advantage for one client over the other.

A listing agreement is an employment contract between a property owner and a real estate broker. It allows the broker to act as a listing agent and find a buyer for the property on the seller's terms. Basically, a listing agreement grants your real estate agent permission to find a buyer for your home.

Having said that, here are the 28 states that offer partial license reciprocity: Arkansas: Offers license reciprocity for agents moving from Alabama, Colorado, Florida, Georgia, Iowa, Kansas, Louisiana, Mississippi, Nebraska, New York, Ohio, Oklahoma, Pennsylvania, South Dakota, Washington, and West Virginia.

There are times you may help a buyer or seller without being their authorized representative. In this case you have a non-agency relationship, a situation where you have no binding or legal responsibility to the other party.

Under contract means that a seller has accepted an offer on the property, but the sale is not final until all contingencies are met.

Arkansas law requires real estate agents to clearly disclose to all parties in a real estate transaction which party(s) he or she is representing. Real Estate Agents typically represent Sellers but can also represent Buyers as well as both Buyers and Sellers.

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Arkansas One Time Listing and Showing Agreement