A Texas Contract to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property is a legal agreement entered between a real estate agent or realtor and a client for the purpose of facilitating the sale of a residential property in the state of Texas. This contract outlines the obligations, rights, and responsibilities of both parties involved in the transaction, ensuring a smooth and successful closing process. The Texas Contract to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property may come in various types, including: 1. Exclusive Right to Sell Listing Agreement: This type of contract grants the real estate agent or realtor exclusive rights to represent the seller in marketing and selling the residential property. It stipulates the agreed-upon terms and conditions, such as the listing price, commission, and duration of the agreement. 2. Buyer Representation Agreement: This contract establishes an exclusive relationship between the real estate agent or realtor and the buyer, authorizing the agent to represent the buyer's interests in finding and purchasing a residential property. It outlines the agent's responsibilities, services provided, and the duration of the agreement. 3. Residential Real Estate Listing Agreement: This contract is used to list a residential property for sale. It details the property's description, listing price, terms of the sale, commission structure, and the rights and obligations of both the seller and the real estate agent or realtor. 4. Residential Sales Contract: This contract is crucial in the closing process, outlining the terms and conditions of the actual sale of the residential property. It includes information like the purchase price, contingencies, financing details, closing date, and specific provisions agreed upon by both the buyer and seller. In each type of contract, certain relevant keywords play an important role. These keywords may include: — Residentiapropertyrt— - Real estate agent — Realtor - ClosinSalal— - Texas contract — Exclusive rightSEL sel— - Buyer representation — Listing agreemen— - Commission - Duration — Terms and condition— - Purchase price - Contingencies — Financin— - Closing date By utilizing these relevant keywords and understanding the different types of contracts in real estate transactions, both real estate agents/realtors and clients can ensure a well-structured and legally binding agreement that aids in the successful closing of residential properties in Texas.