Listing Agreement with a Broker to Sell Internet Domain Site - Exclusive Listing
About this form
The Listing Agreement with a Broker to Sell Internet Domain Site - Exclusive Listing is a legal document that establishes a formal relationship between a seller and a broker for the exclusive sale of an internet domain name. This agreement outlines the responsibilities, terms, and conditions for both parties involved in the sale, setting it apart from other types of agreements by its focus specifically on internet domain sales.
What’s included in this form
- Identification of the Seller and Broker, including their addresses.
- Details about the exclusive domain name being sold.
- Sale price and payment terms.
- Duration of the agreement, including termination conditions.
- Broker's responsibilities, including advertising and negotiating sales.
- Commission structure based on the sale price.
- Dispute resolution through mandatory arbitration.
When to use this document
This form is necessary when a seller wishes to engage a broker to sell an internet domain name while ensuring that the broker has exclusive rights to negotiate and finalize the sale. It is particularly applicable when the seller is looking to streamline the sale process through professional representation.
Who should use this form
This agreement is suitable for:
- Individuals or businesses that own internet domain names and wish to sell them.
- Real estate brokers or agents who specialize in online properties.
- Domain name investors looking to work professionally with brokers.
Instructions for completing this form
- Identify and enter the names and addresses of both the Seller and the Broker.
- Specify the domain name to be sold and its current registration details.
- Clearly outline the sale price and any payment terms agreed upon.
- Set the start and end dates for the agreement's validity.
- Include any additional conditions for commissions and broker responsibilities.
- Ensure that both parties sign and date the agreement, along with notarization if required by local laws.
Does this form need to be notarized?
Notarization is required for this form to take effect. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session, available 24/7.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Failing to specify a clear sale price or payment terms.
- Not defining the duration of the agreement properly.
- Omitting vital details about the domain name being sold.
- Neglecting to obtain signatures from both the Seller and Broker, or not notarizing the document if required.
Benefits of completing this form online
- Instant access to a professionally drafted agreement ensures legal compliance.
- Easy customization for specific terms related to your unique situation.
- Secure, downloadable format for convenience and reliable documentation.
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FAQ
Exclusive Right-to-Sell Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker, regardless of whether the property is sold through the efforts of the
Although Realtors do not use exclusive agency listings that often, these types of listings are still totally legal and are even allowed to be included in MLS for maximum exposure.
In an exclusive listing, only one broker is specifically authorized to act as the exclusive agent of the seller. That means one broker has the sole right to market, show, and sell the property; other brokers are excluded from trying to sell the property while the agreement is active.
Ask 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.
While most real estate agents choose to sign an Exclusive Right to Sell agreement, you can negotiate a different agreement. However, this may make it harder to find a real estate agent to work with, which could hold up your sale.In most cases, it is best to go with a top real estate agent's recommendation.
In an exclusive listing agreement, the property owner maintains the right to sell his property without the obligation to pay the realty agent's commission.
The biggest difference when comparing an exclusive right to sell listing to exclusive agency listing, is whether or not the agent is guaranteed a commission. An exclusive agency listing does not guarantee an agent commission, while an exclusive right to sell listing does guarantee commission when your home sells.
Exclusive Agency Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker if the property is sold through the efforts of any real estate broker.
Exclusive Agency Versus Exclusive Right To Sell While an exclusive right to sell agreement ensures that the broker gets a commission regardless of whether they or the owners sell the property, an exclusive agency agreement makes no such promise.
