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.
North Carolina Contract to be Exclusive Agent or Realtor for Buyer and to Charge Fixed Rate of Commission in a Real Estate Transaction
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US-01918BG
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FAQ
A licensee is required to disclose all material facts. A material fact is any information about the property which could affect a seller's willingness to sell or a buyer's willingness to buy. Material facts must be disclosed to both clients and customers.
Which statement correctly identifies a federal fair housing law and what it addresses? Title VIII of the Civil Rights Act of 1968 prohibits housing discrimination based on race, color, national origin, and religion.
General Rules Don't accept checks payable to someone other than the broker/company unless it's a check: A) payable to an owner for a due diligence fee or option fee or B) payable to a third party escrow agent in a sales transaction.
Which type of agreement assures that a broker will receive compensation regardless of who procures the buyer? property flyers.
What is the process to make changes to a listing agreement contract? All parties must agree to in writing to any changes.
The initial agreement can be verbal but according to North Carolina law, there must be a written agreement between the agent and client before an offer can be written on the buyer's behalf.
And (Firm) as the Buyer's exclusive agent to assist the Buyer in the acquisition of real property which may include any purchase, option and/or. exchange on terms and conditions acceptable to Buyer.
Is Jane required by law to give a price opinion at or before the time of listing? The answer is yes. Jane is required, as a license holder and her broker's agent, to give a price opinion in the form of a CMA or BPO when negotiating a listing.
Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell their home, the Harpers have agreed to pay Desmond a commission.
Every agreement for brokerage services between a broker and a buyer or tenant shall be express and shall be in writing and signed by the parties thereto not later than the time one of the parties makes an offer to purchase, sell, rent, lease, or exchange real estate to another.