Listing Agreement Document With Broker In Wake

• Category: Real Estate - Listing Agreements
• State: Multi-State
• County: Wake
• Control #: US-00056DR
• Format: Word; Rich Text

Description

The Listing Agreement Document with Broker in Wake is a legally binding contract that facilitates the sale of a property between sellers and a brokerage’s agent. This agreement allows the appointed agent to showcase the property to potential buyers and outlines the seller's commitment to pay a fee upon the successful sale of the property. Key features include the provision for a professional fee, which can be a fixed amount or a percentage of the sales price, and various agency relationships that can exist, such as a single agent representing either the buyer or seller. The form requires the parties to understand their roles, including the agent's obligations, and encourages seeking legal advice if needed. Filling instructions involve providing property details, seller identification, and agent information, while editing instructions include ensuring all parties acknowledge the terms and sign in the designated areas. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, allowing them to formalize agreements and understand the legal implications of the sales process. In summary, this form serves as a crucial tool for ensuring clarity and compliance in property sales.