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.
The New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legal contract used in the state of New Hampshire to facilitate the sale of real property through the collaboration of multiple brokers. This agreement outlines the terms and conditions under which the listing broker, also known as the exclusive agent, will work with other brokers, known as co-brokers, to find a buyer for the property. Under this agreement, the listing broker retains the exclusive right to market and sell the property for a specific period of time, typically stated in the contract. However, the listing broker also agrees to cooperate with other licensed real estate brokers to solicit potential buyers and facilitate the sale. This allows for a broader reach and increased exposure for the property, leading to more potential buyers and a higher likelihood of a successful sale. The agreement may also specify the commission structure and payment details for the listing broker and co-brokers involved. Typically, the listing broker will receive a predetermined percentage of the final sales price as their commission, while the co-brokers will receive a portion of that commission for their contribution to the sale. The exact commission percentages and the distribution of payment are negotiable and may vary depending on the specific circumstances and agreements between the parties involved. It is important to note that there may be variations or different types of the New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers, depending on the specific requirements and preferences of the parties involved. Different agreements may include specific provisions regarding the duration of the agreement, the specific duties and responsibilities of the listing broker and co-brokers, and any additional terms or conditions deemed necessary by the parties. In summary, the New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract that facilitates the collaboration of multiple brokers to market and sell a property. By working together, brokers can increase the exposure and potential buyers for a property, ultimately increasing the chances of a successful sale.The New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legal contract used in the state of New Hampshire to facilitate the sale of real property through the collaboration of multiple brokers. This agreement outlines the terms and conditions under which the listing broker, also known as the exclusive agent, will work with other brokers, known as co-brokers, to find a buyer for the property. Under this agreement, the listing broker retains the exclusive right to market and sell the property for a specific period of time, typically stated in the contract. However, the listing broker also agrees to cooperate with other licensed real estate brokers to solicit potential buyers and facilitate the sale. This allows for a broader reach and increased exposure for the property, leading to more potential buyers and a higher likelihood of a successful sale. The agreement may also specify the commission structure and payment details for the listing broker and co-brokers involved. Typically, the listing broker will receive a predetermined percentage of the final sales price as their commission, while the co-brokers will receive a portion of that commission for their contribution to the sale. The exact commission percentages and the distribution of payment are negotiable and may vary depending on the specific circumstances and agreements between the parties involved. It is important to note that there may be variations or different types of the New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers, depending on the specific requirements and preferences of the parties involved. Different agreements may include specific provisions regarding the duration of the agreement, the specific duties and responsibilities of the listing broker and co-brokers, and any additional terms or conditions deemed necessary by the parties. In summary, the New Hampshire Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract that facilitates the collaboration of multiple brokers to market and sell a property. By working together, brokers can increase the exposure and potential buyers for a property, ultimately increasing the chances of a successful sale.
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.
