This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Home buyers submit the initial offer on a property, usually in writing. In this day and age, it is unlikely that a seller would consider an offer unless it were in writing and accompanied by a mortgage pre-approval letter. Massachusetts offer also typically have a specific expiration date and time.
To submit an offer on a FSBO home, you can write up a generic sales contract, go through an attorney, or hire a real estate agent.
Although a disclosure statement is not required, the state does mandate the disclosure of two types of information to any prospective buyer: the existence and hazards of lead paint, and the presence of a septic system on the property. Sellers in Massachusetts must disclose the presence of lead to prospective buyers.
Exclusive Right to Sell Agreement This agreement grants the listing agent the exclusive authority to market and sell your property. The agents you interview will unlikely bring any other agreement with them to have a seller sign.
Gives seller more control over who views the property for sale: Exclusive listings are more suitable for sellers who want to control who and how many people are going in and out of their homes during the sale of the property.
An exclusive right to sell agreement gives one real estate agent and their brokerage the sole right to market and sell a property. That agent is guaranteed a commission on the sale as long as it occurs during the duration of the contract, even if they did not bring in the buyer.