Oregon 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.

An Oregon real estate agent listing agreement authorizes a broker to list, market, and sell real estate on behalf of a seller (principal) in exchange for compensation or commission.

Party Listing Agreement obligates the seller to pay a broker's commission only if he/she sells the home to a buyer who has been brought to him/her by that broker. OneParty Listings are generally used in situations where a seller is attempting to sell their home without the assistance of a real estate broker.

Net Listing - the agent gets to keep everything over the minimum sales price set by the seller; discouraged even in states where legal. It must be in writing (Oregon Statute of Frauds). It must have a definite expiration date.

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.

An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

The biggest difference between a listing agent vs. selling agent is who they represent. Listing agents (also called seller's agents) work with sellers while selling agents (also called buyer's agents) work with buyers. Both agents work together to negotiate on offers and close a deal.

The three (3) most common types of Listing Agreements are:Exclusive Right to Sell.Exclusive Agency.Open Listing.

The Parties to this Agreement understand that Oregon law allows a single real estate agent to act as a disclosed limited agent to represent both the seller and the buyer in the same real estate transaction, or multiple buyers who want to purchase the same property.

The listing is a short sale (short pay) and may require bank approval of a sale at the list price. This selection is used when your client is upside down on their house and therefore any contract and compensation will be subject to lender approval.

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Oregon One Time Listing and Showing Agreement