Alaska Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate

• Category: Real Estate - Brokers
• State: Multi-State
• Control #: US-00440BG
• Format: Word

Description

This is a very straight forward form that grants to a realtor or broker the sole and exclusive right to sell the commercial property described in the agreement. It contains some warranties by Owner that the Owner's title is marketable. The Alaska Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner and a licensed real estate broker or agent. By signing this agreement, the property owner grants the broker or realtor the exclusive right to market and sell their commercial property or real estate. This listing agreement serves as a crucial document in the real estate industry, outlining the expectations and responsibilities of both parties involved. It establishes the broker's authority to act as the sole representative of the property owner during the listing period. The Alaska Listing Agreement contains various key elements to ensure a comprehensive understanding of the terms and conditions. These elements include: 1. Exclusive Right to Sell: This clause states that the property owner grants exclusive rights to the broker or realtor to market and sell the property. During the listing period, the owner cannot seek a separate agreement with any other broker or attempt to sell the property independently. 2. Property Description: The agreement requires a detailed description of the commercial property or real estate being listed. This may include the property's address, legal description, features, size, and any other relevant details. 3. Listing Price and Terms: The agreement sets forth the listing price of the property, which should be determined through mutual agreement between the owner and the broker. The terms of sale, such as down payment, financing options, and closing costs, are also outlined in the agreement. 4. Commission Structure: The listing agreement specifies the commission structure that the broker or realtor will receive upon successful sale of the property. This typically consists of a percentage of the final sale price, known as the commission rate. 5. Listing Period: The agreement establishes the duration of the listing period, during which the broker has the exclusive right to market the property. The length of this period is negotiable between the property owner and broker. 6. Agency Relationship: The agreement clarifies the agency relationship between the property owner, broker, and any agents involved in the transaction. It distinguishes between the broker's role as a seller's agent, representing the property owner's interests, and potential dual agency situations. It is important to note that while there may not be distinct types of Alaska Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate, the terms and conditions within the agreement can vary depending on the individual negotiations between the property owner and the broker or realtor.

The Alaska Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner and a licensed real estate broker or agent. By signing this agreement, the property owner grants the broker or realtor the exclusive right to market and sell their commercial property or real estate. This listing agreement serves as a crucial document in the real estate industry, outlining the expectations and responsibilities of both parties involved. It establishes the broker's authority to act as the sole representative of the property owner during the listing period. The Alaska Listing Agreement contains various key elements to ensure a comprehensive understanding of the terms and conditions. These elements include: 1. Exclusive Right to Sell: This clause states that the property owner grants exclusive rights to the broker or realtor to market and sell the property. During the listing period, the owner cannot seek a separate agreement with any other broker or attempt to sell the property independently. 2. Property Description: The agreement requires a detailed description of the commercial property or real estate being listed. This may include the property's address, legal description, features, size, and any other relevant details. 3. Listing Price and Terms: The agreement sets forth the listing price of the property, which should be determined through mutual agreement between the owner and the broker. The terms of sale, such as down payment, financing options, and closing costs, are also outlined in the agreement. 4. Commission Structure: The listing agreement specifies the commission structure that the broker or realtor will receive upon successful sale of the property. This typically consists of a percentage of the final sale price, known as the commission rate. 5. Listing Period: The agreement establishes the duration of the listing period, during which the broker has the exclusive right to market the property. The length of this period is negotiable between the property owner and broker. 6. Agency Relationship: The agreement clarifies the agency relationship between the property owner, broker, and any agents involved in the transaction. It distinguishes between the broker's role as a seller's agent, representing the property owner's interests, and potential dual agency situations. It is important to note that while there may not be distinct types of Alaska Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate, the terms and conditions within the agreement can vary depending on the individual negotiations between the property owner and the broker or realtor.