The New Hampshire Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding document that establishes a contractual relationship between a property owner (the client/principal) and a licensed real estate broker or agent (the broker/realtor). This agreement gives the broker/realtor the exclusive right to represent and market the client's commercial property or real estate for a fixed period of time. This listing agreement provides the broker/realtor with the sole authority and responsibility to facilitate the sale of the client's property. It grants the broker/realtor the right to advertise the property, negotiate with potential buyers, and handle all other aspects of the sale process on behalf of the client. The agreement typically outlines the terms and conditions of the exclusive relationship. It specifies the agreed-upon listing price, commission structure, and any additional terms regarding the sale. The contract may also include provisions for the broker/realtor's compensation in the event of an early termination or if the property is sold to a buyer who was already introduced to the property during the listing period. There are generally two types of New Hampshire Listing Agreements granting a broker or realtor the exclusive right to sell commercial property or real estate: 1. Exclusive Right to Sell Listing Agreement: This type of listing agreement gives the broker/realtor the exclusive right to sell the client's commercial property or real estate. It means that if the property is sold during the listing period, regardless of who generates the sale (the broker/realtor, another real estate agent, or the property owner themselves), the broker/realtor is entitled to the agreed-upon commission. 2. Exclusive Agency Listing Agreement: This type of listing agreement grants the broker/realtor the exclusive right to sell the property, but still allows the client to actively market and sell the property themselves. In this case, if the client is responsible for generating the sale, no commission is typically paid to the broker/realtor. However, if the broker/realtor successfully sells the property, they are entitled to the agreed-upon commission. It is important for property owners to carefully review and understand the terms and conditions of the New Hampshire Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate before signing. Legal advice may be sought to ensure that the agreement aligns with the client's objectives and protects their interests while providing the broker/realtor with the necessary authority to effectively market and sell the property.