The Cuyahoga Ohio Exclusive Listing Agreement — Residential is a legal document that establishes an exclusive relationship between a homeowner and a real estate agent or broker. This agreement grants the agent or broker the exclusive right to market and sell the residential property on behalf of the homeowner for a specified period, usually 90 to 180 days. Keywords: Cuyahoga, Ohio, Exclusive Listing Agreement, Residential, homeowner, real estate agent, broker, exclusive right, market, sell, property, specified period. There are different types of Cuyahoga Ohio Exclusive Listing Agreement — Residential that homeowners can choose from based on their specific needs and preferences. These include: 1. Standard Exclusive Listing Agreement — Residential: This is the most common type of agreement where the homeowner exclusively lists their property with a specific real estate agent or broker for a set duration. During this period, the agent has the sole right to represent and market the property. 2. Exclusive Right to Sell Agreement: This type of agreement grants the real estate agent or broker the exclusive right to list, market, and sell the property. It ensures the agent receives a commission regardless of who sells the property, whether it's the agent, the homeowner, or another party. 3. Exclusive Agency Agreement: Under this agreement, the homeowner retains the right to sell the property themselves without owing a commission to the agent. However, if the agent sells the property, they are entitled to the agreed-upon commission. 4. Multiple Listing Service (MLS) Exclusive Listing Agreement: This agreement allows the listing to be shared with other real estate professionals within the MLS network. This increases the exposure of the property to potential buyers and enhances the chances of a successful sale. 5. Net Listing Agreement: In this type of agreement, the homeowner sets a minimum price they're willing to accept for the property. Any amount received above this minimum threshold becomes the agent's commission. However, net listing agreements are not legal in all states, including Ohio. Choosing the right type of exclusive listing agreement is essential for homeowners in Cuyahoga, Ohio, as it determines the terms of their relationship with the real estate agent or broker and affects the marketing approach for selling their property. Note: It is always advisable to seek professional guidance from a real estate attorney or agent to fully understand the intricacies and legal obligations associated with any Exclusive Listing Agreement in Cuyahoga, Ohio.
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.