The Oklahoma Contract to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property is a legally binding agreement that outlines the terms and conditions under which a real estate agent or realtor will assist in the closing of a residential property sale in Oklahoma. This contract serves as a protection and guideline for both parties involved in the real estate transaction. The contract covers various aspects related to the closing process, ensuring that all necessary steps are carried out efficiently and legally. It is important for a real estate agent or realtor to have a thorough understanding of this contract to provide the best service possible to their clients. Keywords: Oklahoma, contract, assist, real estate agent, realtor, closing sale, residential property Different Types of Oklahoma Contracts to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property 1. Exclusive Right to Sell Contract: This type of contract gives the real estate agent or realtor the exclusive right to represent the seller and market their property. It stipulates that the agent will be entitled to a commission upon the successful sale of the property. 2. Buyer Representation Agreement: This contract establishes an agreement between the real estate agent or realtor and the buyer. It outlines the duties and responsibilities of the agent in assisting the buyer in finding and purchasing a residential property. 3. Dual Agency Agreement: In some cases, a real estate agent or realtor may represent both the buyer and the seller in a transaction. This type of contract, known as a dual agency agreement, discloses this representation and outlines the agent's responsibilities in this unique situation. 4. Listing Agreement: A listing agreement is a contract between the real estate agent or realtor and the seller, allowing the agent to list and market the property for sale. It includes details such as the listing price, commission rate, and marketing strategy. 5. Closing Services Agreement: This contract outlines the specific services that a real estate agent or realtor will provide to facilitate the closing of a residential property sale. It includes tasks such as coordinating with the title company, preparing necessary documents, and ensuring a smooth transaction. 6. Addendum or Amendment: Occasionally, additional terms or changes to the original contract may be required. In such cases, an addendum or amendment is added to the contract to incorporate these modifications while maintaining the legality and validity of the original agreement. It is important to note that these types of contracts may vary in their specific terms and conditions based on the unique needs of the parties involved in the real estate transaction and the guidance of Oklahoma real estate laws and regulations. Consulting with a qualified legal professional is recommended to ensure the contracts comply with all necessary legal requirements.