A broker is an agent who bargains or conducts negotiations for and on behalf of a person he or she represents, called a principal. The broker acts as an intermediary between the principal and third persons in the acquisition of contractual rights or the sale or purchase of property, and receives a commission or brokerage fee for his or her services. A broker has a duty to act in the principal's interest and not gain personal advantage at the principal's expense. The broker must avoid conflicts of interest that may arise in performing duties for or advising third parties whose interests are not aligned with those of the principal. A real estate broker offers services as agent in matters involving the sale, purchase, rental, and financing of real property.
The terms of the brokerage agreement determine the character of the services to be rendered as well as the broker's right to compensation in particular circumstances.
Miami-Dade County in Florida offers an Exclusive Sales Agency Listing Agreement for the sale of real property, specifically tailored for brokers to solicit co-brokers. This agreement serves as a legally binding contract between the seller of the property and the real estate broker representing them. By signing this agreement, the seller grants exclusive rights to the broker to market and sell the property for a specified period. The Miami-Dade Florida Exclusive Sales Agency Listing Agreement outlines the responsibilities of both the seller and the broker. It ensures that the broker acts as the seller's exclusive agent, legally authorized to advertise and negotiate the sale of the property. The agreement also specifies the compensation terms and rates, usually calculated as a percentage of the final sale price. There may be different types of Miami-Dade Florida Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, each catering to specific scenarios or requirements. Some potential variations may include: 1. Standard Exclusive Sales Agency Listing Agreement: This is the most common type, where the broker is exclusively authorized to handle the sale of the property but may engage with co-brokers to widen the pool of potential buyers. 2. Agreeable Co-Broker Exclusive Sales Agency Listing Agreement: In this agreement, the broker is allowed to work with co-brokers to solicit additional buyers, subject to the seller's approval of each co-broker. 3. Limited Co-Broker Exclusive Sales Agency Listing Agreement: This type of listing agreement allows the broker to work with a specific co-broker or a select group of co-brokers, usually named in the agreement. It restricts the broker from engaging with any other co-brokers without the seller's consent. Regardless of the specific type, Miami-Dade Florida Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is designed to protect the seller's interests while providing the broker with the necessary authority to effectively market and sell the property.Miami-Dade County in Florida offers an Exclusive Sales Agency Listing Agreement for the sale of real property, specifically tailored for brokers to solicit co-brokers. This agreement serves as a legally binding contract between the seller of the property and the real estate broker representing them. By signing this agreement, the seller grants exclusive rights to the broker to market and sell the property for a specified period. The Miami-Dade Florida Exclusive Sales Agency Listing Agreement outlines the responsibilities of both the seller and the broker. It ensures that the broker acts as the seller's exclusive agent, legally authorized to advertise and negotiate the sale of the property. The agreement also specifies the compensation terms and rates, usually calculated as a percentage of the final sale price. There may be different types of Miami-Dade Florida Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, each catering to specific scenarios or requirements. Some potential variations may include: 1. Standard Exclusive Sales Agency Listing Agreement: This is the most common type, where the broker is exclusively authorized to handle the sale of the property but may engage with co-brokers to widen the pool of potential buyers. 2. Agreeable Co-Broker Exclusive Sales Agency Listing Agreement: In this agreement, the broker is allowed to work with co-brokers to solicit additional buyers, subject to the seller's approval of each co-broker. 3. Limited Co-Broker Exclusive Sales Agency Listing Agreement: This type of listing agreement allows the broker to work with a specific co-broker or a select group of co-brokers, usually named in the agreement. It restricts the broker from engaging with any other co-brokers without the seller's consent. Regardless of the specific type, Miami-Dade Florida Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is designed to protect the seller's interests while providing the broker with the necessary authority to effectively market and sell the property.
