Guam One Time Listing and Showing Agreement

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.



The Guam One Time Listing and Showing Agreement is a legal and binding contract between a homeowner/seller and a real estate agent/agency in Guam. This agreement outlines the terms and conditions under which the real estate agent is given exclusive authorization to list and show the property for a specified period of time. Keywords: Guam, One Time Listing and Showing Agreement, homeowner, seller, real estate agent, agency, legal contract, terms and conditions, exclusive authorization, property, specified period of time. This agreement is designed to protect the interests of both the homeowner and the real estate agent. It provides a clear understanding of the roles and responsibilities of both parties involved in the selling process. By signing this agreement, the homeowner grants the real estate agent the authority to list the property on various marketing platforms, such as the Multiple Listing Service (MLS) and other online platforms. The Guam One Time Listing and Showing Agreement may have different types based on the specific terms and conditions agreed upon between the homeowner and the real estate agent. These variations can include: 1. Exclusive Right to Sell: This type of agreement gives the designated real estate agent the sole right to represent and sell the property during the specified period. The agent is entitled to a commission regardless of who ultimately brings in the buyer. 2. Exclusive Agency: In this type of agreement, the homeowner grants exclusive rights to the designated real estate agent to sell the property. However, the homeowner retains the right to sell the property themselves and not pay a commission to the agent if they find a buyer independently. 3. Open Listing: This type of agreement allows the homeowner to list the property with multiple real estate agents and sell the property with the agent who finds a qualified buyer first. The agent who successfully brings in a buyer is entitled to the commission. 4. Net Listing: This type of agreement involves the real estate agent being paid a set amount or percentage of the final sale amount, with the excess amount going to the homeowner. Net listings are less common and may not be legal in all jurisdictions. Regardless of the type, the Guam One Time Listing and Showing Agreement typically covers critical aspects such as the agreed listing price, the duration of the agreement, any specific showing instructions or restrictions, the commission structure, and any additional terms or conditions that both parties may negotiate. In conclusion, the Guam One Time Listing and Showing Agreement is a crucial legal document that regulates the relationship between homeowners and real estate agents when listing and showing a property. The different types of agreements provide flexibility based on the specific needs and preferences of the parties involved.

The Guam One Time Listing and Showing Agreement is a legal and binding contract between a homeowner/seller and a real estate agent/agency in Guam. This agreement outlines the terms and conditions under which the real estate agent is given exclusive authorization to list and show the property for a specified period of time. Keywords: Guam, One Time Listing and Showing Agreement, homeowner, seller, real estate agent, agency, legal contract, terms and conditions, exclusive authorization, property, specified period of time. This agreement is designed to protect the interests of both the homeowner and the real estate agent. It provides a clear understanding of the roles and responsibilities of both parties involved in the selling process. By signing this agreement, the homeowner grants the real estate agent the authority to list the property on various marketing platforms, such as the Multiple Listing Service (MLS) and other online platforms. The Guam One Time Listing and Showing Agreement may have different types based on the specific terms and conditions agreed upon between the homeowner and the real estate agent. These variations can include: 1. Exclusive Right to Sell: This type of agreement gives the designated real estate agent the sole right to represent and sell the property during the specified period. The agent is entitled to a commission regardless of who ultimately brings in the buyer. 2. Exclusive Agency: In this type of agreement, the homeowner grants exclusive rights to the designated real estate agent to sell the property. However, the homeowner retains the right to sell the property themselves and not pay a commission to the agent if they find a buyer independently. 3. Open Listing: This type of agreement allows the homeowner to list the property with multiple real estate agents and sell the property with the agent who finds a qualified buyer first. The agent who successfully brings in a buyer is entitled to the commission. 4. Net Listing: This type of agreement involves the real estate agent being paid a set amount or percentage of the final sale amount, with the excess amount going to the homeowner. Net listings are less common and may not be legal in all jurisdictions. Regardless of the type, the Guam One Time Listing and Showing Agreement typically covers critical aspects such as the agreed listing price, the duration of the agreement, any specific showing instructions or restrictions, the commission structure, and any additional terms or conditions that both parties may negotiate. In conclusion, the Guam One Time Listing and Showing Agreement is a crucial legal document that regulates the relationship between homeowners and real estate agents when listing and showing a property. The different types of agreements provide flexibility based on the specific needs and preferences of the parties involved.

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FAQ

The listing agreement also specifies the listing price, broker's duties, seller's duties, broker's compensation, terms for mediation, an automatic termination date, and any additional terms and conditions.

An agreement that represents the right of a real estate agent or Broker to handle the sale of real property and to receive a fee or commission for services.

The biggest difference between a listing agent vs. selling agent is who they represent. Listing agents (also called seller's agents) work with sellers while selling agents (also called buyer's agents) work with buyers. Both agents work together to negotiate on offers and close a deal.

Listing Agreement in real estate <ul><li>A listing agreement is an agreement between a real estate broker (or his/her agent representatives, acting in the broker's name) and a seller or sellers of real property to give the broker the right to offer the property for sale. </

Signing the listing agreement allows the real estate agent (or brokerage) full control over the transaction. The real estate agent is given the rights to market the home, list the home on the MLS, and receive the commission. However, it's possible to negotiate flexible agreements.

In a showing, a buyer's agent reserves a time for their client(s) to privately tour your home. In an open house, the house is open for buyers to come by and walk through at their leisure. Sometimes, the buyer will have an agent with them, but it's also common for early-stage buyers to come alone.

What is a listing? While we generally tend to think of a listing as the advert for a property that is for sale or for rent, the listing actually refers to the listing agreement that is made between a principal and an agent, regarding marketing of a property.

PDF. Updated January 05, 2022. The business listing agreement is a contract made with an owner and an agent that pays a commission based on the final sales price. The agent is hired to market the business in order to achieve the highest sales price possible.

A One Time Showing Agreement form is an agreement between the buyer's broker and the homeowner listing the property for sale. In the document, the broker will list people's names that they plan on showing the property. Those buyers may potentially put in an offer and purchase the property.

The listing is a short sale (short pay) and may require bank approval of a sale at the list price. This selection is used when your client is upside down on their house and therefore any contract and compensation will be subject to lender approval.

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This fact sheet is solely for informational purposes. For legal reasons, the advisor and client should obtain advice from an attorney or qualified financial advisor.

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Guam One Time Listing and Showing Agreement