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.
Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing In Santa Clara, California, a listing agreement with a broker or realtor to sell commercial property or real estate is a legally binding contract that outlines the terms and conditions under which a property owner grants exclusive rights to a broker or realtor to market and sell their property. This agreement is referred to as an exclusive listing, as it restricts the property owner from working with other brokers or realtors during the agreed-upon duration of the contract. The Santa Clara California listing agreement typically includes the following key components: 1. Parties involved: The agreement identifies the property owner (referred to as the "principal") and the licensed broker or realtor (referred to as the "listing agent"). 2. Property details: The agreement includes a detailed description of the commercial property or real estate being listed, including its location, size, features, and any other pertinent information. 3. Listing price and terms: The agreed-upon listing price for the property is specified in the agreement, along with any specific terms and conditions set by the property owner, such as financing options, closing costs, and contingencies. 4. Exclusive agency: The exclusive listing agreement grants the listing agent the exclusive right to represent the property owner in marketing and negotiating the sale of the property. It prohibits the property owner from engaging other brokers or realtors to sell the property during the agreement's term. 5. Marketing and advertising: The listing agent is responsible for marketing and advertising the property through various channels, including online listings, local directories, open houses, and other promotional activities. 6. Duration and termination: The agreement specifies the duration of the exclusive listing period, which can range from a few months to a year or longer. It also outlines the conditions under which either party can terminate the agreement, such as breach of contract or mutual agreement. Types of Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing: 1. Exclusive Right to Sell Listing: This type of listing agreement gives the listing agent the exclusive right to represent and sell the property. Regardless of who finds a buyer, the listing agent is entitled to a commission. 2. Exclusive Agency Listing: In an exclusive agency listing agreement, the property owner retains the right to sell the property themselves without paying a commission to the listing agent. However, if the property is sold by any other party, the listing agent is entitled to a commission. 3. Net Listing Agreement: This type of listing agreement sets a minimum acceptable price for the property, with any additional amount over that price serving as the listing agent's commission. Net listings are less common and may have legal implications in some jurisdictions, so they should be approached with caution and legal advice. In conclusion, the Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing is a crucial contract that establishes the relationship between the property owner and the listing agent, outlining the terms and conditions for the sale of commercial property or real estate. It is important for both parties to carefully review and understand the agreement before signing to ensure a smooth and successful transaction.Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing In Santa Clara, California, a listing agreement with a broker or realtor to sell commercial property or real estate is a legally binding contract that outlines the terms and conditions under which a property owner grants exclusive rights to a broker or realtor to market and sell their property. This agreement is referred to as an exclusive listing, as it restricts the property owner from working with other brokers or realtors during the agreed-upon duration of the contract. The Santa Clara California listing agreement typically includes the following key components: 1. Parties involved: The agreement identifies the property owner (referred to as the "principal") and the licensed broker or realtor (referred to as the "listing agent"). 2. Property details: The agreement includes a detailed description of the commercial property or real estate being listed, including its location, size, features, and any other pertinent information. 3. Listing price and terms: The agreed-upon listing price for the property is specified in the agreement, along with any specific terms and conditions set by the property owner, such as financing options, closing costs, and contingencies. 4. Exclusive agency: The exclusive listing agreement grants the listing agent the exclusive right to represent the property owner in marketing and negotiating the sale of the property. It prohibits the property owner from engaging other brokers or realtors to sell the property during the agreement's term. 5. Marketing and advertising: The listing agent is responsible for marketing and advertising the property through various channels, including online listings, local directories, open houses, and other promotional activities. 6. Duration and termination: The agreement specifies the duration of the exclusive listing period, which can range from a few months to a year or longer. It also outlines the conditions under which either party can terminate the agreement, such as breach of contract or mutual agreement. Types of Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing: 1. Exclusive Right to Sell Listing: This type of listing agreement gives the listing agent the exclusive right to represent and sell the property. Regardless of who finds a buyer, the listing agent is entitled to a commission. 2. Exclusive Agency Listing: In an exclusive agency listing agreement, the property owner retains the right to sell the property themselves without paying a commission to the listing agent. However, if the property is sold by any other party, the listing agent is entitled to a commission. 3. Net Listing Agreement: This type of listing agreement sets a minimum acceptable price for the property, with any additional amount over that price serving as the listing agent's commission. Net listings are less common and may have legal implications in some jurisdictions, so they should be approached with caution and legal advice. In conclusion, the Santa Clara California Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing is a crucial contract that establishes the relationship between the property owner and the listing agent, outlining the terms and conditions for the sale of commercial property or real estate. It is important for both parties to carefully review and understand the agreement before signing to ensure a smooth and successful transaction.
