This form grants to a realtor or broker the sole and exclusive right to list and show the property on one ocassionsell the commercial property described in the agreement. 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.
Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing is a legal contract between a property owner and a licensed real estate broker or realtor in the Cook County, Illinois area. This agreement outlines the exclusive rights given to the broker or realtor for a specified period to sell the commercial property or real estate on behalf of the owner. Keywords: Cook Illinois, listing agreement, broker, realtor, sell, commercial property, real estate, exclusive listing This listing agreement ensures that the property owner entrusts the marketing and sale of their commercial property or real estate exclusively to the broker or realtor for the agreed-upon timeframe. It grants the broker or realtor the sole authority to advertise, show, negotiate, and sell the property during this period. There are different types of Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing that can be classified based on their duration or specific terms: 1. Exclusive Right to Sell Agreement: This type of agreement grants the broker or realtor exclusive rights to sell the property during the agreed-upon timeframe. The property owner cannot list the property with any other broker or realtor during this period. The broker or realtor is entitled to a commission regardless of who finds the buyer. 2. Exclusive Agency Agreement: In this type of agreement, the property owner agrees to work exclusively with one broker or realtor. However, the owner retains the right to sell the property themselves without paying a commission, should they find a buyer during the term of the agreement. If the broker or realtor successfully sells the property, they are entitled to a commission. 3. Net Listing Agreement: This type of agreement sets the desired net amount the property owner wishes to receive from the sale. The commission for the broker or realtor is the difference between the selling price and the desired net amount. This agreement can be considered less common due to potential conflicts of interest. Regardless of the specific type of Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing, it is crucial to carefully review the terms and conditions, commission structure, and duration of the agreement before signing. Property owners should also ensure the broker or realtor is properly licensed and qualified to handle their commercial property or real estate transaction in Cook County, Illinois.Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing is a legal contract between a property owner and a licensed real estate broker or realtor in the Cook County, Illinois area. This agreement outlines the exclusive rights given to the broker or realtor for a specified period to sell the commercial property or real estate on behalf of the owner. Keywords: Cook Illinois, listing agreement, broker, realtor, sell, commercial property, real estate, exclusive listing This listing agreement ensures that the property owner entrusts the marketing and sale of their commercial property or real estate exclusively to the broker or realtor for the agreed-upon timeframe. It grants the broker or realtor the sole authority to advertise, show, negotiate, and sell the property during this period. There are different types of Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing that can be classified based on their duration or specific terms: 1. Exclusive Right to Sell Agreement: This type of agreement grants the broker or realtor exclusive rights to sell the property during the agreed-upon timeframe. The property owner cannot list the property with any other broker or realtor during this period. The broker or realtor is entitled to a commission regardless of who finds the buyer. 2. Exclusive Agency Agreement: In this type of agreement, the property owner agrees to work exclusively with one broker or realtor. However, the owner retains the right to sell the property themselves without paying a commission, should they find a buyer during the term of the agreement. If the broker or realtor successfully sells the property, they are entitled to a commission. 3. Net Listing Agreement: This type of agreement sets the desired net amount the property owner wishes to receive from the sale. The commission for the broker or realtor is the difference between the selling price and the desired net amount. This agreement can be considered less common due to potential conflicts of interest. Regardless of the specific type of Cook Illinois Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing, it is crucial to carefully review the terms and conditions, commission structure, and duration of the agreement before signing. Property owners should also ensure the broker or realtor is properly licensed and qualified to handle their commercial property or real estate transaction in Cook County, Illinois.
