This is a very straight forward form that grants to a realtor or broker the sole and exclusive right to sell the commercial property described in the agreement. It contains some warranties by Owner that the Owner's title is marketable.
The Wisconsin Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner (also known as the "Seller") and a licensed real estate broker or Realtor (also known as the "Broker"). This agreement empowers the Broker with exclusive rights to market, promote, and ultimately sell the Seller's commercial property or real estate. Under this agreement, the Seller grants the Broker the sole authority to represent them in all aspects of the property's sale, including negotiations, advertising, and communication with potential buyers. The exclusivity aspect ensures that the Broker is the only party authorized to market and sell the property, which provides a targeted marketing approach to maximizing the property's exposure and increasing the likelihood of a successful sale. Keywords: Wisconsin, Listing Agreement, Granting, Broker, Realtor, Exclusive Right, Sell, Commercial Property, Real Estate, legally binding, contract, property owner, licensed, market, sell, negotiations, advertising, potential buyers, exclusivity, targeted marketing approach, exposure, successful sale. There are different types of Wisconsin Listing Agreements that can be used to grant a Broker or Realtor exclusive rights to sell commercial property or real estate. Some common types include: 1. Exclusive Right to Sell Listing Agreement: This type of agreement gives the Broker complete and exclusive authority to sell the property. Regardless of who brings the buyer, the Broker is entitled to a commission once the property is sold. 2. Exclusive Agency Listing Agreement: This agreement allows the Broker to exclusively market and represent the property, but it leaves room for the Seller to find a buyer themselves without paying a commission to the Broker. If the Seller independently finds a buyer, the Broker will not receive a commission. 3. Open Listing Agreement: This type of agreement allows the Seller to work with multiple Brokers simultaneously. The Seller only pays a commission to the Broker who successfully sells the property. If the Seller finds a buyer independently, no commission is owed to any Broker. It is essential for both the Seller and the Broker to carefully review and understand the terms and conditions outlined in the specific Wisconsin Listing Agreement they choose to execute. It is also advisable to consult with legal professionals to ensure compliance with state laws and regulations.
The Wisconsin Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner (also known as the "Seller") and a licensed real estate broker or Realtor (also known as the "Broker"). This agreement empowers the Broker with exclusive rights to market, promote, and ultimately sell the Seller's commercial property or real estate. Under this agreement, the Seller grants the Broker the sole authority to represent them in all aspects of the property's sale, including negotiations, advertising, and communication with potential buyers. The exclusivity aspect ensures that the Broker is the only party authorized to market and sell the property, which provides a targeted marketing approach to maximizing the property's exposure and increasing the likelihood of a successful sale. Keywords: Wisconsin, Listing Agreement, Granting, Broker, Realtor, Exclusive Right, Sell, Commercial Property, Real Estate, legally binding, contract, property owner, licensed, market, sell, negotiations, advertising, potential buyers, exclusivity, targeted marketing approach, exposure, successful sale. There are different types of Wisconsin Listing Agreements that can be used to grant a Broker or Realtor exclusive rights to sell commercial property or real estate. Some common types include: 1. Exclusive Right to Sell Listing Agreement: This type of agreement gives the Broker complete and exclusive authority to sell the property. Regardless of who brings the buyer, the Broker is entitled to a commission once the property is sold. 2. Exclusive Agency Listing Agreement: This agreement allows the Broker to exclusively market and represent the property, but it leaves room for the Seller to find a buyer themselves without paying a commission to the Broker. If the Seller independently finds a buyer, the Broker will not receive a commission. 3. Open Listing Agreement: This type of agreement allows the Seller to work with multiple Brokers simultaneously. The Seller only pays a commission to the Broker who successfully sells the property. If the Seller finds a buyer independently, no commission is owed to any Broker. It is essential for both the Seller and the Broker to carefully review and understand the terms and conditions outlined in the specific Wisconsin Listing Agreement they choose to execute. It is also advisable to consult with legal professionals to ensure compliance with state laws and regulations.