Oakland Michigan Contrato de Corretaje de Bienes Raíces No Exclusivo - Non-Exclusive Real Estate Brokerage Agreement

• Category: Contratos - Corredor de Bolsa
• State: Multi-State
• County: Oakland
• Control #: US-13377BG
• Format: Word

Description

A real estate brokerage agreement is a contract formed between a broker and their client. The brokerage agreement or broker agreement describes the duties that the broker has towards the client. It also lists the client's duties, such as the duty to pay the broker. A non-exclusive real estate brokerage agreement in Oakland, Michigan is a legally binding document between a property owner (referred to as the "principal") and a real estate broker. This agreement outlines the terms and conditions under which the broker will help the principal in buying or selling a property, without securing an exclusive right to represent the principal. This type of agreement provides flexibility for the principal as it allows them to engage multiple brokers to help market and sell their property simultaneously. It also enables the principal to directly sell the property without involving the broker, without incurring any additional costs. Here are some relevant keywords associated with the Oakland, Michigan non-exclusive real estate brokerage agreement: 1. Real Estate Broker: A licensed individual or company that acts as an intermediary between buyers and sellers, assisting with property transactions. 2. Oakland, Michigan: Refers to the geographical location of the agreement, specifically elaborating on the jurisdiction and applicability within the state. 3. Non-Exclusive Agreement: Emphasizes that the principal has the freedom to engage multiple brokers or sell the property themselves, without any restrictions. 4. Brokerage Services: Describes the various services provided by the broker, such as property listing, advertising, marketing, negotiations, and paperwork. 5. Property Ownership: Highlights that the principal is the legal owner of the property and possesses the authority to enter into a brokerage agreement. 6. Property Listing: The broker's responsibility to list the property on multiple platforms, including MLS (Multiple Listing Service), website listings, and other marketing avenues. 7. Marketing and Advertising: The broker's obligation to promote the property through various methods to attract potential buyers or tenants, including online and offline marketing strategies. 8. Commission and Compensation: Specifies the rate or percentage of the broker's commission upon a successful property transaction. This may vary depending on the agreed terms. 9. Term of Agreement: Outlines the duration of the agreement, including the start and end dates, and any possible termination conditions or renewal options. 10. Confidentiality and Privacy: Ensures that any confidential information shared by the principal is safeguarded and used solely for the purpose of the agreement. 11. Property Disclosures: States the principal's responsibility to disclose any pertinent information regarding the property, such as existing liens, defects, or legal disputes. 12. Indemnification and Liability: Defines the liability of each party involved in the agreement and establishes indemnification clauses to protect each party from potential losses or damages. Although there may not be distinct types of non-exclusive real estate brokerage agreements specific to Oakland, Michigan, the terms within the agreement can be customized based on the specific needs and preferences of the principal and the broker involved. Therefore, it is essential for both parties to thoroughly review and understand the agreement before signing to ensure a transparent and mutually beneficial partnership.

A non-exclusive real estate brokerage agreement in Oakland, Michigan is a legally binding document between a property owner (referred to as the "principal") and a real estate broker. This agreement outlines the terms and conditions under which the broker will help the principal in buying or selling a property, without securing an exclusive right to represent the principal. This type of agreement provides flexibility for the principal as it allows them to engage multiple brokers to help market and sell their property simultaneously. It also enables the principal to directly sell the property without involving the broker, without incurring any additional costs. Here are some relevant keywords associated with the Oakland, Michigan non-exclusive real estate brokerage agreement: 1. Real Estate Broker: A licensed individual or company that acts as an intermediary between buyers and sellers, assisting with property transactions. 2. Oakland, Michigan: Refers to the geographical location of the agreement, specifically elaborating on the jurisdiction and applicability within the state. 3. Non-Exclusive Agreement: Emphasizes that the principal has the freedom to engage multiple brokers or sell the property themselves, without any restrictions. 4. Brokerage Services: Describes the various services provided by the broker, such as property listing, advertising, marketing, negotiations, and paperwork. 5. Property Ownership: Highlights that the principal is the legal owner of the property and possesses the authority to enter into a brokerage agreement. 6. Property Listing: The broker's responsibility to list the property on multiple platforms, including MLS (Multiple Listing Service), website listings, and other marketing avenues. 7. Marketing and Advertising: The broker's obligation to promote the property through various methods to attract potential buyers or tenants, including online and offline marketing strategies. 8. Commission and Compensation: Specifies the rate or percentage of the broker's commission upon a successful property transaction. This may vary depending on the agreed terms. 9. Term of Agreement: Outlines the duration of the agreement, including the start and end dates, and any possible termination conditions or renewal options. 10. Confidentiality and Privacy: Ensures that any confidential information shared by the principal is safeguarded and used solely for the purpose of the agreement. 11. Property Disclosures: States the principal's responsibility to disclose any pertinent information regarding the property, such as existing liens, defects, or legal disputes. 12. Indemnification and Liability: Defines the liability of each party involved in the agreement and establishes indemnification clauses to protect each party from potential losses or damages. Although there may not be distinct types of non-exclusive real estate brokerage agreements specific to Oakland, Michigan, the terms within the agreement can be customized based on the specific needs and preferences of the principal and the broker involved. Therefore, it is essential for both parties to thoroughly review and understand the agreement before signing to ensure a transparent and mutually beneficial partnership.

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.