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 Texas One Time Listing and Showing Agreement is a legal document used in the real estate industry to establish a contractual relationship between a seller and a real estate agent. It outlines the terms and conditions under which the agent will help the seller sell their property. This agreement is typically used for a one-time transaction and is different from a traditional listing agreement, which establishes a longer-term relationship between the seller and the agent. The one-time listing and showing agreement is designed to provide the seller with a shorter commitment and flexibility in selling their property. Some key elements covered in the Texas One Time Listing and Showing Agreement include: 1. Property Details: The agreement will include detailed information about the property being listed, such as the address, legal description, and any special features or amenities. 2. Listing Period: The agreement will specify the duration for which the agent will have the exclusive right to list the property. This period is usually shorter than a traditional listing agreement, typically ranging from 30 to 90 days. 3. Listing Price: The agreement will establish the asking price for the property. The agent and the seller may collaborate to determine an appropriate listing price based on market conditions and comparable properties. 4. Compensation: The agreement will outline the commission structure, detailing how much the agent will be paid upon the successful sale of the property. This typically consists of a percentage of the final sale price. 5. Marketing and Advertising: The agreement may outline the marketing strategies that the agent will use to promote the property, such as online listings, print advertisements, open houses, or virtual tours. 6. Showing and Viewing: The agreement may specify how the property can be shown to potential buyers, including scheduling requirements, availability, and access to the property. 7. Termination Clause: The agreement will include provisions for terminating the agreement before the listing period expires, including conditions, notice periods, or fees that may apply. It is important to note that there may be variations of the Texas One Time Listing and Showing Agreement depending on the real estate agency or brokerage. Additionally, specific terms and conditions can be negotiated and customized based on the unique requirements and preferences of the seller and the agent involved in the transaction.
