Colorado Brokerage Disclosure To Seller (RED And Non-CREC Approved Listing Agreements) is a document used by real estate brokers in Colorado to inform sellers of their responsibilities and obligations, and the brokerage’s services and fees. It also serves as a contract between the broker and the seller. In Colorado, RED (Real Estate Owned) and Non-CREC (Colorado Real Estate Commission) approved listing agreements are the two main types of Colorado Brokerage Disclosure to Seller. The RED agreement is used when the seller wishes to sell the property through a bank, while the Non-CREC approved agreement is used when the seller wishes to sell the property directly to a buyer. Both agreements outline the broker's responsibilities, fees, and services, and the seller's obligations. They also discuss the commission structure, including the amount of commission that will be paid to the broker when the property is sold. Additionally, the agreement outlines the conditions of the sale, such as the closing date, buyer's financing, and other important details. Finally, the agreement provides details on the rights and responsibilities of both the broker and the seller.
Colorado Brokerage Disclosure To Seller (REO And Non-CREC Approved Listing Agreements)
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