Listing Agreement Document With Realtor In Collin

State:
Multi-State
County:
Collin
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Listing Agreement Document with Realtor in Collin is a legally binding contract facilitating the sale of a property. It is designed for sellers, allowing them to appoint a real estate agent to show their home to potential buyers. Key features include the identification of the property, the professional fee structure for the agent, and the agency relationship disclosures, which clarify the role of the agent in the transaction. The form must be completed with the names of the seller(s), buyer(s), and the realtor, along with the specified fee amount or percentage of the sales price payable at closing. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in real estate transactions, as it provides a clear framework for listing properties and outlines the responsibilities of each party. Furthermore, it serves as an essential tool to ensure all parties understand their rights and obligations, ultimately facilitating a smoother transaction process.

Form popularity

FAQ

An exclusive right-to-sell listing is the most commonly used real estate contract. With this type of listing agreement, one broker is authorized as the seller's sole agent and has exclusive authorization to represent the property.

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property.

An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

An exclusive right-to-sell listing is the most commonly used contract. With this type of listing agreement, one broker is appointed the sole seller's agent and has exclusive authorization to represent the property.

The most predominant listing agreement in California is the Exclusive Right to Sell Agreement. This agreement entitles the listing agent to a commission regardless of who finds the buyer, granting them exclusive marketing rights for the home. Other types of agreements exist but are less common.

The exclusive right-to-represent contract is the most common buyer representation agreement and best protects the agent. Buyer's agents make significant time and resource investments.

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Listing Agreement Document With Realtor In Collin