A broker is an agent who bargains or conducts negotiations for and on behalf of a person he or she represents, called a principal. The broker acts as an intermediary between the principal and third persons in the acquisition of contractual rights or the sale or purchase of property, and receives a commission or brokerage fee for his or her services. A broker has a duty to act in the principal's interest and not gain personal advantage at the principal's expense. The broker must avoid conflicts of interest that may arise in performing duties for or advising third parties whose interests are not aligned with those of the principal. A real estate broker offers services as agent in matters involving the sale, purchase, rental, and financing of real property.
The terms of the brokerage agreement determine the character of the services to be rendered as well as the broker's right to compensation in particular circumstances.
Description: The Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract between a property owner and a licensed real estate broker in Massachusetts. This agreement grants the broker the exclusive right to market and sell the property, allowing them to solicit co-brokers to assist in the sale process. Keywords: Massachusetts, Exclusive Sales Agency Listing Agreement, Sale of Real Property, Brokers, Solicit, Co-Brokers. Types of Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers: 1. Residential Exclusive Sales Agency Listing Agreement: This type of agreement is specifically designed for residential properties, such as single-family homes, condos, townhouses, or multi-family dwellings. It outlines the terms and conditions for the sale of residential real estate. 2. Commercial Exclusive Sales Agency Listing Agreement: This type of agreement is tailored for the sale of commercial properties, including office buildings, retail spaces, industrial facilities, or vacant land zoned for commercial use. It addresses the unique aspects and requirements involved in the sale of commercial real estate. 3. Land Exclusive Sales Agency Listing Agreement: This particular agreement focuses on the sale of vacant land, whether it is for residential, commercial, or agricultural purposes. It includes provisions related to zoning, potential development opportunities, and any restrictions or environmental considerations that may impact the sale. 4. Luxury Exclusive Sales Agency Listing Agreement: This agreement is designed for high-end luxury properties, such as luxury homes or estates with unique features, premium finishes, and exclusive amenities. It caters to the specialized marketing and sales strategies required for luxury real estate. 5. Exclusive Sales Agency Listing Agreement with Multiple Brokers: In some cases, property owners may choose to work with multiple brokers simultaneously to maximize exposure and increase the chances of a successful sale. This agreement allows the property owner to grant the exclusive right to solicit co-brokers to multiple brokers instead of just one. Overall, the Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a comprehensive contract that establishes the relationship and responsibilities between a property owner and a licensed real estate broker in Massachusetts for the purpose of selling real estate.Description: The Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract between a property owner and a licensed real estate broker in Massachusetts. This agreement grants the broker the exclusive right to market and sell the property, allowing them to solicit co-brokers to assist in the sale process. Keywords: Massachusetts, Exclusive Sales Agency Listing Agreement, Sale of Real Property, Brokers, Solicit, Co-Brokers. Types of Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers: 1. Residential Exclusive Sales Agency Listing Agreement: This type of agreement is specifically designed for residential properties, such as single-family homes, condos, townhouses, or multi-family dwellings. It outlines the terms and conditions for the sale of residential real estate. 2. Commercial Exclusive Sales Agency Listing Agreement: This type of agreement is tailored for the sale of commercial properties, including office buildings, retail spaces, industrial facilities, or vacant land zoned for commercial use. It addresses the unique aspects and requirements involved in the sale of commercial real estate. 3. Land Exclusive Sales Agency Listing Agreement: This particular agreement focuses on the sale of vacant land, whether it is for residential, commercial, or agricultural purposes. It includes provisions related to zoning, potential development opportunities, and any restrictions or environmental considerations that may impact the sale. 4. Luxury Exclusive Sales Agency Listing Agreement: This agreement is designed for high-end luxury properties, such as luxury homes or estates with unique features, premium finishes, and exclusive amenities. It caters to the specialized marketing and sales strategies required for luxury real estate. 5. Exclusive Sales Agency Listing Agreement with Multiple Brokers: In some cases, property owners may choose to work with multiple brokers simultaneously to maximize exposure and increase the chances of a successful sale. This agreement allows the property owner to grant the exclusive right to solicit co-brokers to multiple brokers instead of just one. Overall, the Massachusetts Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a comprehensive contract that establishes the relationship and responsibilities between a property owner and a licensed real estate broker in Massachusetts for the purpose of selling real estate.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.