A broker is an agent who bargains or conducts negotiations for and on behalf of a person he or she represents, called a principal. The broker acts as an intermediary between the principal and third persons in the acquisition of contractual rights or the sale or purchase of property, and receives a commission or brokerage fee for his or her services. A broker has a duty to act in the principal's interest and not gain personal advantage at the principal's expense. The broker must avoid conflicts of interest that may arise in performing duties for or advising third parties whose interests are not aligned with those of the principal. A real estate broker offers services as agent in matters involving the sale, purchase, rental, and financing of real property.
The terms of the brokerage agreement determine the character of the services to be rendered as well as the broker's right to compensation in particular circumstances.
The Alameda California Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract that grants exclusive rights to a real estate agency to represent the seller in the sale of a property. This agreement allows the agency to solicit and collaborate with co-brokers to maximize the property's exposure in the market and increase the chances of a successful sale. Keywords: Alameda California, Exclusive Sales Agency Listing Agreement, sale of real property, brokers, co-brokers, solicitation, collaboration. There are different types of Alameda California Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, namely: 1. Exclusive Right-to-Sell Agreement: This agreement provides the named agency with exclusive rights to market and sell the property. It ensures that the agency will be compensated regardless of who ultimately brings the buyer to the table. 2. Exclusive Agency Agreement: In this type of agreement, the named agency has exclusive rights to market and sell the property, but the seller retains the right to sell the property independently without paying a commission to the agency. However, if another broker procures a buyer, the agency is entitled to a commission. 3. Multiple Listing Agreement: This type of agreement allows the named agency to list the property on a multiple listing service (MLS), granting exposure to a broader network of real estate professionals and their clients. The agency retains the right to solicit co-brokers to enhance the marketing and sale of the property. 4. Net Listing Agreement: This agreement sets a predetermined net sale price for the property, with any amount above that price serving as the agency's commission. While this type of agreement may not be legal in all states, it can be used in Alameda, California. In all types of Exclusive Sales Agency Listing Agreements, it is essential to clearly define the duration of the agreement, the agreed-upon listing price, the commission rate, marketing efforts, duties and responsibilities of both the agency and the co-brokers, and any additional terms and conditions related to the sale of the property. By utilizing the Alameda California Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers, sellers can benefit from the expertise and network of real estate professionals working collectively to achieve a successful property sale.The Alameda California Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legally binding contract that grants exclusive rights to a real estate agency to represent the seller in the sale of a property. This agreement allows the agency to solicit and collaborate with co-brokers to maximize the property's exposure in the market and increase the chances of a successful sale. Keywords: Alameda California, Exclusive Sales Agency Listing Agreement, sale of real property, brokers, co-brokers, solicitation, collaboration. There are different types of Alameda California Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, namely: 1. Exclusive Right-to-Sell Agreement: This agreement provides the named agency with exclusive rights to market and sell the property. It ensures that the agency will be compensated regardless of who ultimately brings the buyer to the table. 2. Exclusive Agency Agreement: In this type of agreement, the named agency has exclusive rights to market and sell the property, but the seller retains the right to sell the property independently without paying a commission to the agency. However, if another broker procures a buyer, the agency is entitled to a commission. 3. Multiple Listing Agreement: This type of agreement allows the named agency to list the property on a multiple listing service (MLS), granting exposure to a broader network of real estate professionals and their clients. The agency retains the right to solicit co-brokers to enhance the marketing and sale of the property. 4. Net Listing Agreement: This agreement sets a predetermined net sale price for the property, with any amount above that price serving as the agency's commission. While this type of agreement may not be legal in all states, it can be used in Alameda, California. In all types of Exclusive Sales Agency Listing Agreements, it is essential to clearly define the duration of the agreement, the agreed-upon listing price, the commission rate, marketing efforts, duties and responsibilities of both the agency and the co-brokers, and any additional terms and conditions related to the sale of the property. By utilizing the Alameda California Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers, sellers can benefit from the expertise and network of real estate professionals working collectively to achieve a successful property sale.
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.