Collin Texas Open Listing Agreement - Residential

• Category: Real Estate - Home Sale
• State: Multi-State
• County: Collin
• Control #: US-01728-AZ
• Format: Word; Rich Text

Description

This form is an open listing agreement between broker and seller allowing broker to represent seller and list property for sale in real estate listing services. Adapt to fit your specific needs. Don't reinvent the wheel, save time and money. Collin Texas Open Listing Agreement — Residential is a legal contract used in real estate transactions, specifically in Collin County, Texas, for residential properties. This agreement outlines the terms and conditions between a homeowner (seller) and a real estate agent (listing agent) in marketing and selling the property. The Collin Texas Open Listing Agreement — Residential is typically a non-exclusive agreement, meaning the homeowner can choose to work with multiple real estate agents simultaneously. However, this agreement states that the homeowner will only pay a commission to the agent who introduces the buyer that successfully purchases the property. In a Collin Texas Open Listing Agreement — Residential, the following key details are included: 1. Property Information: The agreement provides a clear description of the residential property, including the address, size, and relevant details about the house or apartment. 2. Listing Price and Terms: The homeowner determines the price at which they want to list the property for sale. This agreement also specifies the length of time the listing will be active, typically ranging from a few weeks to several months. 3. Exclusive Representation: Unlike an exclusive listing agreement, the Collin Texas Open Listing Agreement — Residential allows the homeowner to work with multiple real estate agents. However, it highlights that only the agent who procures the buyer will be entitled to a commission. 4. Commission Structure: The agreement outlines the commission amount or percentage the homeowner will pay to the listing agent upon a successful sale. It may also include provisions for how the commission will be divided if there are cooperating brokers involved. 5. Marketing and Advertising: The homeowner and listing agent agree on the marketing and advertising strategies to promote the property. This may include listing the property on MLS (Multiple Listing Service), online listings, print advertisements, and other methods deemed effective. It is important to note that the specifics of the Collin Texas Open Listing Agreement — Residential can vary depending on the real estate agency or individual agreements between the seller and the listing agent. Additionally, there may be other types of listing agreements in Collin County, Texas, such as Exclusive Right to Sell Listing Agreement or Exclusive Agency Listing Agreement, which offer different terms and conditions for the sale of residential properties.

Collin Texas Open Listing Agreement — Residential is a legal contract used in real estate transactions, specifically in Collin County, Texas, for residential properties. This agreement outlines the terms and conditions between a homeowner (seller) and a real estate agent (listing agent) in marketing and selling the property. The Collin Texas Open Listing Agreement — Residential is typically a non-exclusive agreement, meaning the homeowner can choose to work with multiple real estate agents simultaneously. However, this agreement states that the homeowner will only pay a commission to the agent who introduces the buyer that successfully purchases the property. In a Collin Texas Open Listing Agreement — Residential, the following key details are included: 1. Property Information: The agreement provides a clear description of the residential property, including the address, size, and relevant details about the house or apartment. 2. Listing Price and Terms: The homeowner determines the price at which they want to list the property for sale. This agreement also specifies the length of time the listing will be active, typically ranging from a few weeks to several months. 3. Exclusive Representation: Unlike an exclusive listing agreement, the Collin Texas Open Listing Agreement — Residential allows the homeowner to work with multiple real estate agents. However, it highlights that only the agent who procures the buyer will be entitled to a commission. 4. Commission Structure: The agreement outlines the commission amount or percentage the homeowner will pay to the listing agent upon a successful sale. It may also include provisions for how the commission will be divided if there are cooperating brokers involved. 5. Marketing and Advertising: The homeowner and listing agent agree on the marketing and advertising strategies to promote the property. This may include listing the property on MLS (Multiple Listing Service), online listings, print advertisements, and other methods deemed effective. It is important to note that the specifics of the Collin Texas Open Listing Agreement — Residential can vary depending on the real estate agency or individual agreements between the seller and the listing agent. Additionally, there may be other types of listing agreements in Collin County, Texas, such as Exclusive Right to Sell Listing Agreement or Exclusive Agency Listing Agreement, which offer different terms and conditions for the sale of residential properties.