A Sacramento California Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legal contract between a property owner and a real estate professional that authorizes the broker or realtor to serve as the exclusive agent for the sale of a commercial property or real estate within the Sacramento, California area. This type of agreement establishes a fiduciary relationship between the property owner and the real estate professional, granting the broker or realtor the sole authority to market, advertise, and negotiate the sale of the property on behalf of the owner. It ensures that all interested parties and potential buyers must go through the designated broker or realtor for any inquiries or offers. A Sacramento California Listing Agreement typically contains various key terms and provisions, including but not limited to: 1. Exclusive representation: The agreement stipulates that the property owner cannot engage another broker or realtor to sell the property during the agreement's duration. This provision ensures that the designated broker or realtor has the exclusive right to represent the property and maximize the chances of a successful sale. 2. Listing duration: The agreement specifies the length of time the exclusive representation will remain in effect. This period can vary, ranging from a few months to a year or more, depending on the market conditions and the property's complexity. 3. Commission structure: The agreement outlines the compensation and commission structure for the broker or realtor's services. It typically describes the percentage or flat fee the broker or realtor will receive upon the successful sale of the property. The commission is generally paid by the property owner once the transaction is complete. 4. Property details and marketing strategy: The agreement includes a detailed description of the commercial property or real estate, including its location, size, zoning, amenities, and any other relevant information. It may also outline the planned marketing strategy for promoting the property, such as online listings, signage, print advertising, or direct mail campaigns. Different types of Sacramento California Listing Agreements granting a broker or realtor the exclusive right to sell commercial property or real estate may include variations in commission rates, listing durations, and specific terms tailored to the unique needs and preferences of the property owner. It is essential for both parties to carefully review and negotiate the terms of the agreement before signing to ensure a mutual understanding and a successful partnership in selling the property.
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.