Exclusive Right-to-Sell Listing Contract for All Types of Properties: This is an official Colorado Real Estate Commission form that complies with all applicable Colorado codes and statutes. USLF amends and updates all Colorado forms as is required by Colorado statutes and law.
Colorado Exclusive Right-to-Sell Listing Contract for All Types of Properties
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FAQ
An exclusive right-to-sell listing is the most commonly utilized instrument. It gives the broker the exclusive right to earn a commission by representing the owners and bringing a buyer, either through another brokerage or directly. The owner pays both the listing and selling broker fees.
Exclusive listing is when a property owner enters into a legal agreement with a brokerage and its designated agent to market the sale of a property within a given time frame.
What is a Co-Exclusive? Although many will argue that the term is inherently contradictory, a co-exclusive listing is when two independent, licensed brokers act jointly as a fiduciary listing broker.
While most real estate agents choose to sign an Exclusive Right to Sell agreement, you can negotiate a different agreement. However, this may make it harder to find a real estate agent to work with, which could hold up your sale.In most cases, it is best to go with a top real estate agent's recommendation.
The exclusive right to sell listing agreement requires that compensation be paid to the broker regardless of who sells the property, the broker or the property owner.This contract is unilateral because nothing is owed unless the broker produces a buyer.
Exclusive Right-to-Sell Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker, regardless of whether the property is sold through the efforts of the
The biggest difference when comparing an exclusive right to sell listing to exclusive agency listing, is whether or not the agent is guaranteed a commission. An exclusive agency listing does not guarantee an agent commission, while an exclusive right to sell listing does guarantee commission when your home sells.