Kansas 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.


The Kansas One Time Listing and Showing Agreement is a legal document that establishes the terms and conditions between a real estate agent and a property owner for the purpose of listing and showing the property. It outlines the responsibilities and obligations of both parties involved in the transaction. This agreement is designed for a one-time listing and showing of the property, meaning that the property owner will only work with the designated real estate agent for this specific transaction. It provides clarity and protection for both the property owner and the real estate agent, ensuring a transparent and efficient process. The agreement typically includes important details such as the property owner's name and contact information, the address and description of the property being listed, the agreed-upon listing price, and the duration of the agreement. It also specifies the commission rate or fee that the real estate agent will receive upon successful sale or lease of the property. Additionally, the Kansas One Time Listing and Showing Agreement outlines the marketing and advertising strategies that the real estate agent will employ to attract potential buyers or tenants. This may include online listings, open houses, or other methods deemed appropriate by both parties. It is important to note that there may be different types or variations of the Kansas One Time Listing and Showing Agreement, depending on the specific needs or circumstances of the property owner. However, the basic elements mentioned above are generally included in all types of agreements. In summary, the Kansas One Time Listing and Showing Agreement is a legally binding document that establishes the terms of cooperation between a property owner and a real estate agent for a one-time listing and showing of the property. It ensures clear communication, delineates financial arrangements, and outlines marketing strategies to facilitate a successful transaction.

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FAQ

If a buyer client becomes interested in making an offer on SELLER'S property, then the BROKER would be in a position of representing both Buyer and Seller in that transaction. Such representation would constitute dual agency, which is illegal in Kansas.

The bottom line is: Real estate contracts must always be in writing in order to be enforceable. While laws may vary from state to state, most states have a Statute of Frauds that applies.

What is included in the contract?The names of the vendor and purchaser.The address of the property.The deposit amount and due date.The sale price.The date of the property settlement and whether there are any conditions.Whether the property is available as 'vacant possession' or 'subject to a lease'More items...

The Realtor Code of Ethics states that agents must disclose offers on the property to any other broker seeking cooperation. Realtors cannot lie to or hide information from another broker who is requesting information in an attempt to cooperate on the sale.

Taking ActionAsk for a release: The time to ask about canceling a listing is when you sign the listing contract.Request a release in writing: Tell your agent immediately if you want to cancel.Ask to be assigned another agent: Realize that your listing is between the brokerage and you, not you and your agent.More items...

Sales of real estate fall under the Statute of Frauds, and so all contracts for the sale of a home must be in writing.

If a buyer client becomes interested in making an offer on SELLER'S property, then the BROKER would be in a position of representing both Buyer and Seller in that transaction. Such representation would constitute dual agency, which is illegal in Kansas.

A salesperson cannot be appointed by both buyer and seller for the same property transaction. He can only act for one party. The same prohibition also covered the rental transactions. The ban on dual representation applies to all property transactions, including residential, commercial and industrial properties.

Statute of Frauds: A statute which requires certain types of contracts to be in writing in order to be enforceable.

Formal Versus Informal Contracts The contract contains an offer for some type of good or service, an acceptance of the offer, and consideration, or payment, for the goods or service delivered. An informal contract, by contrast, does not have to be signed or even written.

Interesting Questions

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Depends on what your listing agreement says, may need to hold off to get the property show ready and photographed! An exclusive agency listing agreement gives a broker the right to market and sell a property for a specified time period, while the owner ...A One Time Showing Agreement is used when a property is not listed in the MLS (Multiple Listing Service). Properties in the MLS have a ... You've got your house ready to list and you've found a real estate agent you trust to help you complete this process. But before you're ready to ... (B) fail to obtain and keep in the transaction file a receipt from the escrow agent showing date of delivery of the purchase agreement and earnest money deposit ... A listing agreement is a contract between a seller that hires a listingThe commission is paid at the time of closing and, for 2020, ... Also, in filling out the Kansas Association of Realtors sample form, you are not legally required to answer every single question. Just be aware that a blank ... Paid solely for advertisement or for listing in a publication issued for the(a) The commission may at any time issue a restricted license to a person:. Agents often don't like taking listings for less than a month because they don't have enough time to market the house before the listing expires. A six-month ... 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.

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Kansas One Time Listing and Showing Agreement