Chicago Illinois One Time Listing and Showing Agreement refers to a legal contract used in the real estate industry to establish an agreement between a homeowner and a real estate agent for the purpose of listing and showing a property in Chicago, Illinois. This document outlines the terms and conditions that both parties must adhere to during the process of marketing and selling the property. The Chicago Illinois One Time Listing and Showing Agreement includes various key elements such as the property's address, listing price, and the duration of the agreement. It also defines the responsibilities and duties of both the homeowner and the real estate agent. Additionally, this agreement specifies the commission or fee structure payable to the real estate agent upon the successful sale of the property. It is important to note that there may be different types or variations of Chicago Illinois One Time Listing and Showing Agreements, depending on the specific requirements or preferences of the parties involved. One variation is the Exclusive One Time Listing and Showing Agreement, where the homeowner grants exclusivity to the real estate agent for a specified period, prohibiting other agents from marketing or showing the property during that time. This type of agreement is common when the homeowner wants to work exclusively with a particular agent. Another variation is the Open One Time Listing and Showing Agreement, where the homeowner allows multiple real estate agents to market and show the property simultaneously. This type of agreement is beneficial when the homeowner wants to maximize exposure and reach a larger pool of potential buyers. When entering into a Chicago Illinois One Time Listing and Showing Agreement, it is advisable for both parties to carefully review the terms and seek legal advice if necessary. By doing so, they can ensure a smooth and transparent agreement that protects their respective interests throughout the listing and selling process.
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.