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.
Wake North Carolina Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing refers to a legally binding document entered into by a property owner (the seller) and a licensed real estate broker or realtor (the listing agent), specifically for the purpose of selling a commercial property or real estate exclusively through the appointed broker. This exclusive listing agreement establishes a professional relationship between the seller and the listing agent, outlining the terms, conditions, and obligations of both parties. It grants the broker exclusive rights to market, advertise, and negotiate the sale of the property on behalf of the seller. The agent is bound to act in the best interests of the seller, promoting the property to potential buyers and working diligently to secure a successful sale. There are various types of exclusive listing agreements commonly used in Wake North Carolina: 1. Exclusive Right-to-Sell Listing Agreement: This is the most common type of listing agreement, granting the broker exclusive rights to represent the seller. In this agreement, the broker is entitled to a commission regardless of whether the property is sold by the broker or another party during the listing period. 2. Exclusive Agency Listing Agreement: In this agreement, the seller retains the right to sell the property independently without paying the broker a commission. However, if the property is sold by the broker or any other cooperating broker, a commission is due. 3. Net Listing Agreement: This type of listing agreement specifies a minimum net amount the seller wishes to receive from the sale. Any amount exceeding the specified minimum is retained by the broker as commission. Net listing agreements are not commonly used due to potential conflicts of interest and legality concerns. 4. Multiple Listing Agreement: This agreement allows the listing agent to share the property information with other agents or brokers who are members of the local Multiple Listing Service (MLS). This increases the property's exposure to a larger pool of potential buyers within the Wake North Carolina real estate market. The Wake North Carolina Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing ensures a structured and mutually beneficial relationship between the seller and the listing agent, maximizing the property's exposure and increasing the likelihood of a successful sale.Wake North Carolina Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing refers to a legally binding document entered into by a property owner (the seller) and a licensed real estate broker or realtor (the listing agent), specifically for the purpose of selling a commercial property or real estate exclusively through the appointed broker. This exclusive listing agreement establishes a professional relationship between the seller and the listing agent, outlining the terms, conditions, and obligations of both parties. It grants the broker exclusive rights to market, advertise, and negotiate the sale of the property on behalf of the seller. The agent is bound to act in the best interests of the seller, promoting the property to potential buyers and working diligently to secure a successful sale. There are various types of exclusive listing agreements commonly used in Wake North Carolina: 1. Exclusive Right-to-Sell Listing Agreement: This is the most common type of listing agreement, granting the broker exclusive rights to represent the seller. In this agreement, the broker is entitled to a commission regardless of whether the property is sold by the broker or another party during the listing period. 2. Exclusive Agency Listing Agreement: In this agreement, the seller retains the right to sell the property independently without paying the broker a commission. However, if the property is sold by the broker or any other cooperating broker, a commission is due. 3. Net Listing Agreement: This type of listing agreement specifies a minimum net amount the seller wishes to receive from the sale. Any amount exceeding the specified minimum is retained by the broker as commission. Net listing agreements are not commonly used due to potential conflicts of interest and legality concerns. 4. Multiple Listing Agreement: This agreement allows the listing agent to share the property information with other agents or brokers who are members of the local Multiple Listing Service (MLS). This increases the property's exposure to a larger pool of potential buyers within the Wake North Carolina real estate market. The Wake North Carolina Listing Agreement With A Broker Or Realtor To Sell Commercial Property Or Real Estate — Exclusive Listing ensures a structured and mutually beneficial relationship between the seller and the listing agent, maximizing the property's exposure and increasing the likelihood of a successful sale.