Wake North Carolina Exclusive Listing Agreement - Residential

• Category: Real Estate - Home Sale
• State: Multi-State
• County: Wake
• Control #: US-01727-AZ
• Format: Word; Rich Text

Description

This form is an exclusive listing agreement between broker/agent and seller. Broker/agent will exclusively represent seller in the attempt to sell. Commission or other compensation is agreed upon. Adapt to fit your specific circumstances. The Wake North Carolina Exclusive Listing Agreement — Residential is a legally binding contract between a homeowner and a real estate agent/broker that outlines the terms and conditions for selling a residential property exclusively with the agent or brokerage firm. This agreement grants the agent the exclusive right to market and sell the property for a specific period in the Wake, North Carolina area. By entering into an exclusive listing agreement, the homeowner is essentially "listing" their property exclusively with a particular agent or brokerage, preventing other agents or brokers from marketing the property during the duration of the agreement. This agreement typically includes various types, depending on the specific needs and requirements of the homeowner: 1. Exclusive Right to Sell Listing Agreement: This type of agreement grants the listing agent the sole and exclusive right to market and sell the property. The homeowner is obligated to pay the agreed-upon commission to the listing agent, regardless of who ultimately brings the buyer. 2. Exclusive Agency Listing Agreement: In this type of agreement, the homeowner agrees to list the property exclusively with one agent, but retains the right to sell the property without having to pay a commission if they find the buyer on their own. 3. Multiple Listing Service (MLS) Exclusive Listing Agreement: This agreement allows the listing agent to market and advertise the property on the MLS, which is a popular database used by real estate professionals to promote listings and attract potential buyers. By listing on the MLS, the property gains exposure to a wider audience. The Wake North Carolina Exclusive Listing Agreement — Residential serves as a protection for both the homeowner and the agent. It outlines the duration of the agreement, the agreed-upon listing price, the commission structure, and any specific terms or conditions negotiated between the parties. Additionally, it may include provisions related to advertising, open houses, property showings, and the use of lockboxes. Homeowners considering selling their residential property in Wake, North Carolina should carefully review and understand the terms and conditions of the Exclusive Listing Agreement before signing. It is crucial to choose a reputable and experienced agent who specializes in the local market and can effectively market the property to potential buyers.

The Wake North Carolina Exclusive Listing Agreement — Residential is a legally binding contract between a homeowner and a real estate agent/broker that outlines the terms and conditions for selling a residential property exclusively with the agent or brokerage firm. This agreement grants the agent the exclusive right to market and sell the property for a specific period in the Wake, North Carolina area. By entering into an exclusive listing agreement, the homeowner is essentially "listing" their property exclusively with a particular agent or brokerage, preventing other agents or brokers from marketing the property during the duration of the agreement. This agreement typically includes various types, depending on the specific needs and requirements of the homeowner: 1. Exclusive Right to Sell Listing Agreement: This type of agreement grants the listing agent the sole and exclusive right to market and sell the property. The homeowner is obligated to pay the agreed-upon commission to the listing agent, regardless of who ultimately brings the buyer. 2. Exclusive Agency Listing Agreement: In this type of agreement, the homeowner agrees to list the property exclusively with one agent, but retains the right to sell the property without having to pay a commission if they find the buyer on their own. 3. Multiple Listing Service (MLS) Exclusive Listing Agreement: This agreement allows the listing agent to market and advertise the property on the MLS, which is a popular database used by real estate professionals to promote listings and attract potential buyers. By listing on the MLS, the property gains exposure to a wider audience. The Wake North Carolina Exclusive Listing Agreement — Residential serves as a protection for both the homeowner and the agent. It outlines the duration of the agreement, the agreed-upon listing price, the commission structure, and any specific terms or conditions negotiated between the parties. Additionally, it may include provisions related to advertising, open houses, property showings, and the use of lockboxes. Homeowners considering selling their residential property in Wake, North Carolina should carefully review and understand the terms and conditions of the Exclusive Listing Agreement before signing. It is crucial to choose a reputable and experienced agent who specializes in the local market and can effectively market the property to potential buyers.