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 Nebraska One Time Listing and Showing Agreement is a legally binding contract used in the real estate industry in Nebraska. This agreement outlines the terms and conditions for a one-time listing and showing of a property between a homeowner (seller) and a real estate agent (listing agent). The agreement is specific to properties located in Nebraska and is designed to protect the rights and interests of both parties involved. The Nebraska One Time Listing and Showing Agreement typically includes the following key elements: 1. Parties involved: The agreement identifies the seller and the listing agent by their legal names and addresses. 2. Property details: It includes a detailed description of the property being listed, such as the address, lot size, square footage, and any additional features. 3. Listing price: The agreement specifies the desired listing price for the property. The seller and listing agent may discuss and negotiate the price before finalizing it in the agreement. 4. Listing period: This section outlines the duration for which the listing agent has the exclusive right to market and sell the property. It can be a fixed period or can be negotiated and specified in the agreement. 5. Compensation: The agreement outlines the agreed-upon commission or fees that the listing agent will receive upon the successful sale of the property. It provides clarity on how the compensation will be distributed between the listing agent and any cooperating real estate agents involved. 6. Exclusive agency: The agreement establishes an exclusive agency relationship between the seller and the listing agent, meaning that the seller cannot engage other agents or market the property independently during the listing period. 7. Marketing strategy: The agreement may detail the marketing plan and strategies that the listing agent will employ to promote the property. This can include advertising, open houses, online listings, brochures, and other marketing tools. 8. Showing arrangements: This section specifies the procedures for scheduling and conducting property showings. It outlines the rules and expectations for both the seller and the listing agent when it comes to preparing the property for showings, accessing the property, and providing feedback. 9. Additional terms and conditions: The agreement may include additional clauses or provisions addressing specific requirements or concerns of the seller or listing agent. These may include provisions for home staging, repairs, property disclosures, seller warranties, and any other relevant considerations. It is important to note that there may be different variations or types of the Nebraska One Time Listing and Showing Agreement, as real estate contracts can be customized to fit specific situations or preferences. However, the fundamental purpose of these agreements is to establish a professional working relationship between the seller and the listing agent, outlining their respective rights and responsibilities throughout the listing and selling process.
