A Travis Texas Exclusive Listing Agreement — Residential is a legal contract between a homeowner (seller) and a real estate agent (listing broker) that grants the broker the exclusive right to market and sell the property for a specific period of time. This agreement is typically used in Travis County, Texas, and specifically for residential properties. Under this exclusive listing agreement, the seller agrees to work exclusively with the chosen real estate agent or brokerage to sell their property. In return, the agent is entitled to receive a commission, as agreed upon in the contract, upon successful completion of the sale. Keywords: Travis Texas, Exclusive Listing Agreement, Residential, homeowner, real estate agent, listing broker, market, sell, property, specific period of time, Travis County, Texas, residential properties, exclusive right, real estate brokerage, commission, successful completion of the sale. Different types of Travis Texas Exclusive Listing Agreement — Residential may include: 1. Exclusive Agency Listing Agreement: This type of agreement gives the exclusive right to sell the property to one real estate agent or broker, while still allowing the homeowner to sell the property on their own. In this case, if the homeowner finds a buyer without the agent's involvement, no commission is owed to the agent. 2. Exclusive Right to Sell Listing Agreement: This type of agreement grants the exclusive right to sell the property to one specific real estate agent or brokerage. The homeowner cannot sell the property independently without owing a commission to the agent, even if they find a buyer on their own. 3. Multiple Listing Service (MLS) Exclusive Listing Agreement: This agreement allows the listing agent to include the property in the local MLS database, making it available to other cooperating brokers to bring prospective buyers. In this agreement, the listing agent still retains the exclusive right to sell the property. 4. Pocket Listing Exclusive Agreement: This agreement allows the agent to keep the property off the public market and market it privately to a select group of potential buyers. This type of agreement is often used for high-end or luxury properties and provides a level of exclusivity. Keywords: Exclusive Agency Listing Agreement, Exclusive Right to Sell Listing Agreement, Multiple Listing Service (MLS), MLS database, cooperating brokers, Pocket Listing Exclusive Agreement, private market, high-end properties, luxury properties, exclusivity.
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.