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.
Riverside, California Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing is a contractual agreement between a property owner and a licensed broker or realtor, specifically designed for the purpose of selling commercial properties or real estate located in Riverside, California. This exclusive listing agreement grants the broker or realtor exclusive rights to market and sell the property on behalf of the owner, and typically lasts for a specified period of time, during which the owner is restricted from working with other brokers or selling the property independently. There are different types of Riverside, California Listing Agreement with a Broker or Realtor to Sell Commercial Property or Real Estate — Exclusive Listing, which include: 1. Exclusive Right to Sell Listing: This is the most common type of listing agreement, where the broker or realtor has exclusive rights to market and sell the property. In this agreement, the broker or realtor is entitled to a commission regardless of who brings the buyer, as long as the sale is completed during the listing period. 2. Exclusive Agency Listing: This type of agreement grants the broker or realtor exclusive rights to market and sell the property, but allows the owner to sell the property independently without owing a commission to the broker or realtor if they find a buyer themselves. However, if the broker or realtor brings the buyer, they are entitled to the agreed-upon commission. 3. Net Listing: A less common type, this agreement specifies a set amount of money that the owner wishes to receive from the sale of the property. Any amount exceeding this specified net is retained as the broker or realtor's commission. Net listings can have potential legal implications and are often discouraged by real estate professionals due to the potential for conflicts of interest. In Riverside, California, these different types of exclusive listing agreements are used to facilitate the sale of commercial properties or real estate, ensuring that property owners have a professional representative working on their behalf to secure the best possible sale price and terms.
