North Carolina Exclusive Listing Agreement - Residential

• Category: Real Estate - Home Sale
• State: Multi-State
• Control #: US-01727-AZ
• Format: Word; Rich Text

Description

This form is an exclusive listing agreement between broker/agent and seller. Broker/agent will exclusively represent seller in the attempt to sell. Commission or other compensation is agreed upon. Adapt to fit your specific circumstances. A North Carolina Exclusive Listing Agreement — Residential is a legally binding contract between a homeowner and a real estate agent or brokerage. This agreement grants the agent or brokerage exclusive rights to represent the homeowner in the sale of their residential property. Keywords: North Carolina, Exclusive Listing Agreement, Residential, homeowner, real estate agent, brokerage, sale of property. In North Carolina, there are two main types of Exclusive Listing Agreements for residential properties: Exclusive Right-to-Sell Listing Agreement and Exclusive Agency Listing Agreement. 1. Exclusive Right-to-Sell Listing Agreement: This is the most common type of agreement used in North Carolina. It gives the real estate agent or brokerage exclusive rights to market and sell the property. The homeowner agrees to pay a commission to the agent or brokerage, regardless of who successfully sells the property. This type of agreement provides the highest level of representation for the homeowner and incentivizes the agent to market and sell the property aggressively. Keywords: Exclusive Right-to-Sell Listing Agreement, marketing, sell the property, commission, the highest level of representation, incentivize. 2. Exclusive Agency Listing Agreement: This agreement also grants exclusive rights to the real estate agent or brokerage to market and sell the property. However, unlike the Exclusive Right-to-Sell Agreement, the homeowner retains the right to sell the property themselves without paying a commission to the agent or brokerage. If the homeowner finds a buyer on their own, no commission is owed to the agent. However, if the agent or brokerage brings a buyer to the table and successfully closes the sale, they are entitled to a commission. Keywords: Exclusive Agency Listing Agreement, exclusive rights, market and sell the property, homeowner retains right to sell, no commission if homeowner finds a buyer, commission for agent if they bring a buyer. Both types of agreements typically outline the duration of the exclusive representation, the agreed-upon listing price, any additional marketing efforts, and details regarding the commission structure. They also include provisions for terminating the agreement if either party breaches the terms. It's important to consult with a qualified real estate attorney or agent when entering into a North Carolina Exclusive Listing Agreement — Residential to ensure all the necessary details and protections are included. Keywords: duration of representation, listing price, marketing efforts, commission structure, terminating the agreement, real estate attorney, protections.

A North Carolina Exclusive Listing Agreement — Residential is a legally binding contract between a homeowner and a real estate agent or brokerage. This agreement grants the agent or brokerage exclusive rights to represent the homeowner in the sale of their residential property. Keywords: North Carolina, Exclusive Listing Agreement, Residential, homeowner, real estate agent, brokerage, sale of property. In North Carolina, there are two main types of Exclusive Listing Agreements for residential properties: Exclusive Right-to-Sell Listing Agreement and Exclusive Agency Listing Agreement. 1. Exclusive Right-to-Sell Listing Agreement: This is the most common type of agreement used in North Carolina. It gives the real estate agent or brokerage exclusive rights to market and sell the property. The homeowner agrees to pay a commission to the agent or brokerage, regardless of who successfully sells the property. This type of agreement provides the highest level of representation for the homeowner and incentivizes the agent to market and sell the property aggressively. Keywords: Exclusive Right-to-Sell Listing Agreement, marketing, sell the property, commission, the highest level of representation, incentivize. 2. Exclusive Agency Listing Agreement: This agreement also grants exclusive rights to the real estate agent or brokerage to market and sell the property. However, unlike the Exclusive Right-to-Sell Agreement, the homeowner retains the right to sell the property themselves without paying a commission to the agent or brokerage. If the homeowner finds a buyer on their own, no commission is owed to the agent. However, if the agent or brokerage brings a buyer to the table and successfully closes the sale, they are entitled to a commission. Keywords: Exclusive Agency Listing Agreement, exclusive rights, market and sell the property, homeowner retains right to sell, no commission if homeowner finds a buyer, commission for agent if they bring a buyer. Both types of agreements typically outline the duration of the exclusive representation, the agreed-upon listing price, any additional marketing efforts, and details regarding the commission structure. They also include provisions for terminating the agreement if either party breaches the terms. It's important to consult with a qualified real estate attorney or agent when entering into a North Carolina Exclusive Listing Agreement — Residential to ensure all the necessary details and protections are included. Keywords: duration of representation, listing price, marketing efforts, commission structure, terminating the agreement, real estate attorney, protections.