The Bexar Texas Open Listing Agreement — Residential is a legally binding contract that outlines the terms and conditions between a homeowner/seller and a real estate agent/broker in Bexar County, Texas. This agreement grants the real estate agent/broker the exclusive right to market and sell the seller's property. Keywords: Bexar Texas, Open Listing Agreement, Residential, homeowner, seller, real estate agent, broker, terms and conditions, exclusive right, market, sell, property. The Bexar Texas Open Listing Agreement — Residential allows the homeowner/seller to retain the flexibility of selling their property independently or through different agents/brokers simultaneously. Unlike exclusive listing agreements, the open listing agreement does not provide exclusivity to any particular agent/broker. Types of Bexar Texas Open Listing Agreement — Residential: 1. Non-exclusive Open Listing Agreement: In this type, the seller can enter into multiple listing agreements with different agents/brokers simultaneously. The seller has the freedom to sell the property independently without the liability of paying a commission to the agent/broker if they find a buyer through their own efforts. 2. Exclusive Open Listing Agreement: This type of agreement grants exclusivity to a single agent/broker. The seller cannot engage other agents/brokers during the agreed-upon period. However, the seller retains the right to sell the property independently and is not obligated to pay a commission to the agent/broker if they secure a buyer themselves. 3. Exclusive Right to Sell Open Listing Agreement: This agreement provides exclusivity to a single agent/broker. Unlike the non-exclusive agreement, the seller is obligated to pay a commission to the agent/broker regardless of who brings the buyer, whether it is the agent/broker or the seller themselves. In all types of agreements, the Bexar Texas Open Listing Agreement — Residential typically outlines the time frame of the agreement, the listing price, the agent/broker commission structure, marketing strategies, and any additional terms and conditions agreed upon by both parties. By utilizing the Bexar Texas Open Listing Agreement — Residential, homeowners/sellers can increase the visibility of their property by tapping into multiple agent/broker networks, while still having the flexibility to sell the property independently if they choose to do so.
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.