Miami-Dade Florida Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner and a licensed real estate broker or realtor in Miami-Dade County, Florida. This agreement gives the broker or realtor the exclusive authority to sell and market the commercial property on behalf of the owner. In this listing agreement, various terms and conditions are outlined to protect the interests of both parties. Key elements that are commonly included in a Miami-Dade Florida Listing Agreement include: 1. Exclusive Right to Sell: This clause grants the broker or realtor the exclusive right to list, market, and sell the commercial property for a specified period, typically ranging from 90 days to one year. 2. Property Description: The agreement should provide a detailed description of the commercial property being listed, including the address, lot size, building specifications, and any notable features. 3. Listing Price and Terms: The listing agreement should specify the asking price for the property, as well as any terms and conditions related to financing, closing costs, or other negotiations. 4. Commission Structure: The agreement should clearly outline the commission structure, including the percentage or fixed fee that the broker or realtor will receive upon the successful sale of the property. It may also detail how the commission will be divided if multiple agents are involved. 5. Marketing and Advertising: The listing agreement may include provisions regarding the broker or realtor's marketing and advertising efforts, such as their responsibilities to promote the property through online listings, signage, brochures, or other channels. 6. Duration and Termination: The agreement should specify the duration of the exclusive listing period and the conditions under which it can be terminated, such as a breach of contract or mutual agreement. Different variations of the Miami-Dade Florida Listing Agreement may exist based on the specific needs and preferences of the property owner and the broker or realtor. For example: 1. Open Listing Agreement: This type of agreement allows the property owner to list the property with multiple brokers or realtors simultaneously. The broker who successfully brings a buyer is entitled to a commission. 2. Exclusive Agency Listing Agreement: In an exclusive agency listing, the property owner retains the right to sell the property independently without owing a commission. However, if the broker or realtor brings a buyer, they are entitled to a commission. 3. Net Listing Agreement: This type of agreement specifies that the broker or realtor is entitled to any amount exceeding a specified minimum sale price. However, net listings are discouraged by many real estate associations as they can create conflicts of interest. It is important for property owners and brokers or realtors to consult with legal professionals when drafting or entering into a Miami-Dade Florida Listing Agreement to ensure compliance with applicable laws and regulations.
Miami-Dade Florida Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00440BG
Format:
Word
Instant download
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.
Miami-Dade Florida Listing Agreement Granting a Broker or Realtor the Exclusive Right to Sell Commercial Property or Real Estate is a legally binding contract between a property owner and a licensed real estate broker or realtor in Miami-Dade County, Florida. This agreement gives the broker or realtor the exclusive authority to sell and market the commercial property on behalf of the owner. In this listing agreement, various terms and conditions are outlined to protect the interests of both parties. Key elements that are commonly included in a Miami-Dade Florida Listing Agreement include: 1. Exclusive Right to Sell: This clause grants the broker or realtor the exclusive right to list, market, and sell the commercial property for a specified period, typically ranging from 90 days to one year. 2. Property Description: The agreement should provide a detailed description of the commercial property being listed, including the address, lot size, building specifications, and any notable features. 3. Listing Price and Terms: The listing agreement should specify the asking price for the property, as well as any terms and conditions related to financing, closing costs, or other negotiations. 4. Commission Structure: The agreement should clearly outline the commission structure, including the percentage or fixed fee that the broker or realtor will receive upon the successful sale of the property. It may also detail how the commission will be divided if multiple agents are involved. 5. Marketing and Advertising: The listing agreement may include provisions regarding the broker or realtor's marketing and advertising efforts, such as their responsibilities to promote the property through online listings, signage, brochures, or other channels. 6. Duration and Termination: The agreement should specify the duration of the exclusive listing period and the conditions under which it can be terminated, such as a breach of contract or mutual agreement. Different variations of the Miami-Dade Florida Listing Agreement may exist based on the specific needs and preferences of the property owner and the broker or realtor. For example: 1. Open Listing Agreement: This type of agreement allows the property owner to list the property with multiple brokers or realtors simultaneously. The broker who successfully brings a buyer is entitled to a commission. 2. Exclusive Agency Listing Agreement: In an exclusive agency listing, the property owner retains the right to sell the property independently without owing a commission. However, if the broker or realtor brings a buyer, they are entitled to a commission. 3. Net Listing Agreement: This type of agreement specifies that the broker or realtor is entitled to any amount exceeding a specified minimum sale price. However, net listings are discouraged by many real estate associations as they can create conflicts of interest. It is important for property owners and brokers or realtors to consult with legal professionals when drafting or entering into a Miami-Dade Florida Listing Agreement to ensure compliance with applicable laws and regulations.
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