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.
Listing Agreement Form For Unimproved Property In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00056DR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A representation is an assertion as to a fact, true on the date the representation is made, that is given to induce another party to enter into a contract or take some other action.
Slang. : reputation. especially : status in a group (such as a gang) rep.
The listing agreement is a document that protects your real estate agent. It ensures they will receive their commission if they find a buyer for your property and gives them exclusive rights to sell your home. Most real estate agents expect their clients to sign one of these agreements before they do any work for them.
In an exclusive right to sell listing, a seller grants an exclusive right to a real estate agent to market and sell their property. This is an express bilateral contract because both parties (seller and agent) agree to the terms and obligations of the exclusive listing agreement.
Exclusive rights to sell listings help ensure focused marketing efforts, as the chosen agent is the only one authorized to sell the property during the listing period, enhancing the chances of a successful sale.
In an exclusive agency listing, the seller retains the right to sell the property with no obligation to the broker. With exclusive right-to-sell listings, the broker receives a commission regardless of who sells the property.
An exclusive right to sell listing agreement is a contract between a listing agent and a home or property owner. An exclusive right to sell specifies that the listing agent is the only agent you've hired, and the agent is guaranteed to receive the commission when your house sells.
Exclusive right-to-represent contracts. This is the most common buyer-broker agreement between home buyers and brokers. This agreement outlines the obligations of the broker, the broker-agent relationship, and the responsibilities of the buyer.
