This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Harris Texas One Time Listing and Showing Agreement is a legal contract that outlines the terms and conditions between a property owner and a real estate agent. It serves as a binding agreement for the agent to market, show, and potentially sell the property on behalf of the owner. This agreement is crucial for both parties as it clearly defines their rights, responsibilities, and obligations throughout the listing and showing process. It ensures transparency and protects the interests of both the property owner and the real estate agent involved. Some key components covered in the Harris Texas One Time Listing and Showing Agreement include: 1. Property Details: This section provides a comprehensive description of the property, including its address, legal description, and any special features or amenities. 2. Listing Period: The agreement specifies the duration of the listing period, which is the timeframe during which the agent has the exclusive right to market the property. This period can vary, but it is typically for a predetermined period, such as 30, 60, or 90 days. 3. Commission: The agreement clearly outlines the commission structure, stating the percentage of the property's sale price that the agent will receive upon a successful sale. The agreement may also specify if the commission is negotiable or includes any additional fees. 4. Marketing and Advertising: This section details the strategies and platforms the agent will use to promote the property, such as online listings, print advertisements, open houses, or virtual tours. It may also address any costs associated with marketing efforts and who will be responsible for covering those expenses. 5. Showings and Open Houses: The agreement discusses how showings and open houses will be scheduled, including the agent's responsibilities in coordinating and conducting these events. It may also include protocols for providing advanced notice to the property owner or tenant regarding showings. 6. Termination: This section outlines the circumstances under which either party can terminate the agreement before the listing period expires. It may specify whether a notice is required and if any penalties or fees apply upon termination. It is important to note that there may be different types or variations of the Harris Texas One Time Listing and Showing Agreement. Some common variations include: 1. Exclusive Listing Agreement: This is a more restrictive type of agreement where the property owner grants exclusive rights to market and sell the property to only one real estate agent or brokerage firm for a specified period. This type typically offers a higher level of commitment from the agent. 2. Open Listing Agreement: This agreement allows the property owner to work with multiple real estate agents simultaneously, with the agreement stating that the agent who successfully brings a buyer will receive the commission. It offers more flexibility but may result in less focused marketing efforts. In conclusion, the Harris Texas One Time Listing and Showing Agreement plays a vital role in the property selling process. It establishes clear expectations and guidelines for both the property owner and the agent, ensuring a transparent and efficient transaction.The Harris Texas One Time Listing and Showing Agreement is a legal contract that outlines the terms and conditions between a property owner and a real estate agent. It serves as a binding agreement for the agent to market, show, and potentially sell the property on behalf of the owner. This agreement is crucial for both parties as it clearly defines their rights, responsibilities, and obligations throughout the listing and showing process. It ensures transparency and protects the interests of both the property owner and the real estate agent involved. Some key components covered in the Harris Texas One Time Listing and Showing Agreement include: 1. Property Details: This section provides a comprehensive description of the property, including its address, legal description, and any special features or amenities. 2. Listing Period: The agreement specifies the duration of the listing period, which is the timeframe during which the agent has the exclusive right to market the property. This period can vary, but it is typically for a predetermined period, such as 30, 60, or 90 days. 3. Commission: The agreement clearly outlines the commission structure, stating the percentage of the property's sale price that the agent will receive upon a successful sale. The agreement may also specify if the commission is negotiable or includes any additional fees. 4. Marketing and Advertising: This section details the strategies and platforms the agent will use to promote the property, such as online listings, print advertisements, open houses, or virtual tours. It may also address any costs associated with marketing efforts and who will be responsible for covering those expenses. 5. Showings and Open Houses: The agreement discusses how showings and open houses will be scheduled, including the agent's responsibilities in coordinating and conducting these events. It may also include protocols for providing advanced notice to the property owner or tenant regarding showings. 6. Termination: This section outlines the circumstances under which either party can terminate the agreement before the listing period expires. It may specify whether a notice is required and if any penalties or fees apply upon termination. It is important to note that there may be different types or variations of the Harris Texas One Time Listing and Showing Agreement. Some common variations include: 1. Exclusive Listing Agreement: This is a more restrictive type of agreement where the property owner grants exclusive rights to market and sell the property to only one real estate agent or brokerage firm for a specified period. This type typically offers a higher level of commitment from the agent. 2. Open Listing Agreement: This agreement allows the property owner to work with multiple real estate agents simultaneously, with the agreement stating that the agent who successfully brings a buyer will receive the commission. It offers more flexibility but may result in less focused marketing efforts. In conclusion, the Harris Texas One Time Listing and Showing Agreement plays a vital role in the property selling process. It establishes clear expectations and guidelines for both the property owner and the agent, ensuring a transparent and efficient transaction.
