This form grants to a realtor or broker the sole and exclusive right to list and show the property on one ocassionsell the commercial property described in the agreement. 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.
King Washington Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing is a legally binding contract between a property owner and a licensed real estate broker or realtor in King Washington. This agreement grants the broker or realtor exclusive rights to market, advertise, and sell the commercial property listed within a specified timeframe. With an exclusive listing agreement, the property owner agrees not to engage any other brokers or realtors to sell the property during the agreement's duration. This ensures that the designated broker or realtor has the sole responsibility and opportunity to find a buyer for the commercial property. The agreement also outlines the terms and conditions under which the broker or realtor can earn a commission upon a successful sale. There are different types of King Washington listing agreements with a broker or realtor to sell commercial property or real estate, which include: 1. Exclusive Right to Sell Listing Agreement: This is the most common type of exclusive listing agreement where the broker or realtor has the sole authority to market, promote, and sell the property. Regardless of who finds the buyer, the broker or realtor is entitled to a commission. 2. Exclusive Agency Listing Agreement: In this type of agreement, the property owner retains the right to find a buyer independently. However, if the broker or realtor successfully finds a buyer, they are entitled to a commission. If the property owner sells the property without the broker or realtor's involvement, they are not owed a commission. 3. Net Listing Agreement: A net listing agreement is less common and can be deemed illegal in some jurisdictions. This agreement allows the broker or realtor to set a minimum sale price for the property, and any amount exceeding that price becomes their commission. The concern with net listing agreements is the potential for conflicts of interest and negotiations that may not be in the best interest of the property owner. Before entering into any exclusive listing agreement with a broker or realtor, it is essential for property owners in King Washington to carefully review the terms, including commission rates, marketing strategies, duration, and any rights or responsibilities of the broker or realtor. Additionally, consulting with legal counsel is crucial to ensure the agreement protects the interests of the property owner effectively.King Washington Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing is a legally binding contract between a property owner and a licensed real estate broker or realtor in King Washington. This agreement grants the broker or realtor exclusive rights to market, advertise, and sell the commercial property listed within a specified timeframe. With an exclusive listing agreement, the property owner agrees not to engage any other brokers or realtors to sell the property during the agreement's duration. This ensures that the designated broker or realtor has the sole responsibility and opportunity to find a buyer for the commercial property. The agreement also outlines the terms and conditions under which the broker or realtor can earn a commission upon a successful sale. There are different types of King Washington listing agreements with a broker or realtor to sell commercial property or real estate, which include: 1. Exclusive Right to Sell Listing Agreement: This is the most common type of exclusive listing agreement where the broker or realtor has the sole authority to market, promote, and sell the property. Regardless of who finds the buyer, the broker or realtor is entitled to a commission. 2. Exclusive Agency Listing Agreement: In this type of agreement, the property owner retains the right to find a buyer independently. However, if the broker or realtor successfully finds a buyer, they are entitled to a commission. If the property owner sells the property without the broker or realtor's involvement, they are not owed a commission. 3. Net Listing Agreement: A net listing agreement is less common and can be deemed illegal in some jurisdictions. This agreement allows the broker or realtor to set a minimum sale price for the property, and any amount exceeding that price becomes their commission. The concern with net listing agreements is the potential for conflicts of interest and negotiations that may not be in the best interest of the property owner. Before entering into any exclusive listing agreement with a broker or realtor, it is essential for property owners in King Washington to carefully review the terms, including commission rates, marketing strategies, duration, and any rights or responsibilities of the broker or realtor. Additionally, consulting with legal counsel is crucial to ensure the agreement protects the interests of the property owner effectively.
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.
