Wake North Carolina Contract to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property is a legal agreement that outlines the terms and conditions governing the relationship between a real estate agent or realtor and a contracted entity or individual who assists in the closing of residential property sales in Wake County, North Carolina. This contract serves as a safeguard for both parties involved and ensures a smooth and successful closing process. Keywords: Wake North Carolina, contract, assist, real estate agent, realtor, closing sale, residential property. Different types of Wake North Carolina Contracts to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property: 1. Exclusive Agreement: This type of contract establishes an exclusive relationship between the real estate agent or realtor and the contracted entity or individual. It stipulates that only the contracted entity will assist the agent or realtor in closing sales for residential properties within Wake County, North Carolina. 2. Non-Exclusive Agreement: This contract allows the real estate agent or realtor to engage multiple contracted entities or individuals to assist in closing residential property sales within Wake County. It provides flexibility in choosing the most suitable assistance for each specific transaction. 3. Time-bound Agreement: This type of contract specifies a fixed duration for the relationship between the real estate agent or realtor and the contracted entity or individual. It ensures that the assistance is provided for a defined period, typically for a specific number of sales, or until a certain end date is reached. 4. Commission Agreement: This contract outlines the agreed-upon commission structure between the real estate agent or realtor and the contracted entity or individual. It details the commission percentages or flat fees that the contracted entity will receive for successfully closing residential property sales. 5. Termination Agreement: This contract establishes the terms and conditions under which the relationship between the real estate agent or realtor and the contracted entity or individual can be terminated. It outlines the proper notice required and any associated penalties or liabilities. 6. Agreement for Specific Services: This type of contract focuses on a particular service or set of services that the contracted entity or individual will provide to assist in closing residential property sales. It may include services such as coordinating inspections, obtaining necessary documentation, or liaising with title companies. In conclusion, a Wake North Carolina Contract to Assist Real Estate Agent or Realtor in Closing Sale of Residential Property is a vital legal document that governs the relationship between the agent or realtor and the contracted entity or individual. Different contract types cater to various needs and circumstances to ensure a smooth and successful closing process.