Bexar Texas Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate

• Category: Real Estate - Brokers
• State: Multi-State
• County: Bexar
• Control #: US-00440BG
• Format: Word

Description

This is a very straight forward form that grants to a realtor or broker the sole and exclusive right to sell the commercial property described in the agreement. It contains some warranties by Owner that the Owner's title is marketable. The Bexar Texas Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract that establishes the exclusive rights and responsibilities between a property owner and a licensed broker or realtor in Bexar County, Texas. This agreement gives the chosen broker or realtor the sole and exclusive authority to market, advertise, and negotiate the sale of the commercial property or real estate on behalf of the property owner. By granting the exclusive right to sell, the property owner agrees to work exclusively with the designated broker or realtor and cannot enlist the services of any other real estate professional during the agreed-upon term. The listing agreement outlines the terms and conditions under which the broker or realtor will represent the property owner. It typically includes information such as the property's legal description, address, listing price, commission structure, and duration of the agreement. There may be different types of Bexar Texas Listing Agreements, each with its own variations and specialties to cater to specific situations. Some common types include: 1. Exclusive Right to Sell Listing: This is the most common type of listing agreement, wherein the broker or realtor has the exclusive right to represent and sell the property. The broker or realtor is entitled to a commission if the property is sold during the listing term, regardless of who brings the buyer. 2. Exclusive Agency Listing: In this type of listing agreement, the broker or realtor has the exclusive right to sell the property, but the owner retains the right to sell the property themselves without paying a commission to the broker or realtor. 3. Open Listing: An open listing agreement allows the property owner to work with multiple brokers or realtors simultaneously. The broker or realtor who successfully sells the property earns the commission. 4. Net Listing: Less common in Bexar County, a net listing agreement involves the property owner specifying a minimum amount they wish to receive from the sale. If the property sells for a higher amount, the broker or realtor keeps the excess as commission. However, net listings are considered controversial and are not permitted in some states. It is essential for both the property owner and the designated broker or realtor to thoroughly review and understand the terms and obligations before signing a Bexar Texas Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate. Seeking legal advice is highly recommended ensuring that the agreement meets all legal requirements and protects the interests of all parties involved.

The Bexar Texas Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract that establishes the exclusive rights and responsibilities between a property owner and a licensed broker or realtor in Bexar County, Texas. This agreement gives the chosen broker or realtor the sole and exclusive authority to market, advertise, and negotiate the sale of the commercial property or real estate on behalf of the property owner. By granting the exclusive right to sell, the property owner agrees to work exclusively with the designated broker or realtor and cannot enlist the services of any other real estate professional during the agreed-upon term. The listing agreement outlines the terms and conditions under which the broker or realtor will represent the property owner. It typically includes information such as the property's legal description, address, listing price, commission structure, and duration of the agreement. There may be different types of Bexar Texas Listing Agreements, each with its own variations and specialties to cater to specific situations. Some common types include: 1. Exclusive Right to Sell Listing: This is the most common type of listing agreement, wherein the broker or realtor has the exclusive right to represent and sell the property. The broker or realtor is entitled to a commission if the property is sold during the listing term, regardless of who brings the buyer. 2. Exclusive Agency Listing: In this type of listing agreement, the broker or realtor has the exclusive right to sell the property, but the owner retains the right to sell the property themselves without paying a commission to the broker or realtor. 3. Open Listing: An open listing agreement allows the property owner to work with multiple brokers or realtors simultaneously. The broker or realtor who successfully sells the property earns the commission. 4. Net Listing: Less common in Bexar County, a net listing agreement involves the property owner specifying a minimum amount they wish to receive from the sale. If the property sells for a higher amount, the broker or realtor keeps the excess as commission. However, net listings are considered controversial and are not permitted in some states. It is essential for both the property owner and the designated broker or realtor to thoroughly review and understand the terms and obligations before signing a Bexar Texas Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate. Seeking legal advice is highly recommended ensuring that the agreement meets all legal requirements and protects the interests of all parties involved.