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 Georgia One Time Listing and Showing Agreement is a legal document that outlines an agreement between a seller and a real estate broker or agent in the state of Georgia. This agreement allows the broker or agent to exclusively list and market the seller's property for a specific period of time, typically 90 days. The purpose of the One Time Listing and Showing Agreement is to establish the terms and conditions of the listing and showing of the property. It ensures that both the seller and the broker or agent are clear on their responsibilities and obligations throughout the process. Key elements included in the agreement are the listing price, the commission rate to be paid to the broker or agent upon the successful sale of the property, and any additional terms or conditions agreed upon by both parties. There are different types of Georgia One Time Listing and Showing Agreements that cater to specific circumstances or preferences: 1. Exclusive Right to Sell Agreement: This is the most common type of agreement. It grants the broker or agent exclusive rights to market and sell the property within the agreed-upon timeframe. The broker or agent is entitled to a commission regardless of who brings the buyer to the table. 2. Exclusive Agency Agreement: With this type of agreement, the broker or agent has exclusive rights to market and sell the property, but the seller retains the right to sell the property themselves without paying a commission to the broker or agent. 3. Open Listing Agreement: This agreement allows the seller to work with multiple brokers or agents simultaneously. The commission is only paid to the broker or agent who successfully closes the sale. 4. Net Listing Agreement: In this type of agreement, the seller agrees to a minimum sale price, and any amount exceeding that price becomes the commission for the broker or agent. It is important for both parties to carefully review and understand the terms of the Georgia One Time Listing and Showing Agreement before signing it. Seeking legal advice or consultation from a real estate professional is recommended to ensure that all relevant laws and regulations are followed.
