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 Suffolk New York One Time Listing and Showing Agreement is a legally binding contract between a property owner and a licensed real estate agent, detailing the terms and conditions of listing and showing a property for sale in Suffolk County, New York. This agreement is designed to protect the interests of both the property owner and the real estate agent involved in the transaction. The main purpose of this agreement is to establish the exclusive rights of the real estate agent to market and sell the property for a specific period, typically 90 days. The agreement outlines the agreed-upon listing price, any specific terms or conditions, as well as the agent's commission percentage or fee for successfully selling the property. Under this agreement, the property owner agrees to provide accurate and complete information about the property to the real estate agent. This includes necessary documentation, such as title deeds, survey reports, and any relevant permits or certificates. The agent, on the other hand, commits to diligently market the property through various channels, including online listings, advertisements, and open houses. In addition to the standard Suffolk New York One Time Listing and Showing Agreement, there may be variations or modifications to suit specific situations. Some examples include: 1. Exclusive Agency Agreement: This type of agreement grants exclusive rights to one real estate agent to sell the property, but the owner reserves the right to sell it independently without paying commission if they find a buyer themselves. 2. Exclusive Right to Sell Agreement: This agreement grants exclusive rights to one real estate agent to sell the property. Regardless of who finds the buyer, the agent is entitled to the agreed-upon commission. 3. Multiple Listing Agreement: This type of agreement allows the listing agent to cooperate with other agents and brokerages to market the property on multiple listing services (MLS), increasing its exposure and potential buyer pool. The Suffolk New York One Time Listing and Showing Agreement is an essential document in the real estate transaction process. It ensures clarity, protects the interests of all parties involved, and sets the foundation for a successful property sale. It is crucial for property owners and real estate agents to thoroughly understand the terms and conditions before signing such an agreement to avoid misunderstandings or disputes in the future.The Suffolk New York One Time Listing and Showing Agreement is a legally binding contract between a property owner and a licensed real estate agent, detailing the terms and conditions of listing and showing a property for sale in Suffolk County, New York. This agreement is designed to protect the interests of both the property owner and the real estate agent involved in the transaction. The main purpose of this agreement is to establish the exclusive rights of the real estate agent to market and sell the property for a specific period, typically 90 days. The agreement outlines the agreed-upon listing price, any specific terms or conditions, as well as the agent's commission percentage or fee for successfully selling the property. Under this agreement, the property owner agrees to provide accurate and complete information about the property to the real estate agent. This includes necessary documentation, such as title deeds, survey reports, and any relevant permits or certificates. The agent, on the other hand, commits to diligently market the property through various channels, including online listings, advertisements, and open houses. In addition to the standard Suffolk New York One Time Listing and Showing Agreement, there may be variations or modifications to suit specific situations. Some examples include: 1. Exclusive Agency Agreement: This type of agreement grants exclusive rights to one real estate agent to sell the property, but the owner reserves the right to sell it independently without paying commission if they find a buyer themselves. 2. Exclusive Right to Sell Agreement: This agreement grants exclusive rights to one real estate agent to sell the property. Regardless of who finds the buyer, the agent is entitled to the agreed-upon commission. 3. Multiple Listing Agreement: This type of agreement allows the listing agent to cooperate with other agents and brokerages to market the property on multiple listing services (MLS), increasing its exposure and potential buyer pool. The Suffolk New York One Time Listing and Showing Agreement is an essential document in the real estate transaction process. It ensures clarity, protects the interests of all parties involved, and sets the foundation for a successful property sale. It is crucial for property owners and real estate agents to thoroughly understand the terms and conditions before signing such an agreement to avoid misunderstandings or disputes in the future.