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.
Wake North Carolina Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legal contract between a property owner and a real estate agency, granting the agency exclusive rights to sell the owner's property. This agreement outlines the terms and conditions under which the property will be marketed and sold, as well as the responsibilities and obligations of both parties involved. Keywords: Wake North Carolina, exclusive sales agency listing agreement, sale of real property, brokers, co-brokers. There are different types of Wake North Carolina Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, depending on specific requirements and circumstances. Some variations include: 1. Regular Exclusive Sales Agency Listing Agreement: This is the most common type where the property owner grants exclusive rights to a single real estate agency to market and sell the property. Only the designated agency and their affiliated brokers are allowed to solicit co-brokers for the sale. 2. Limited Exclusive Sales Agency Listing Agreement: In this type of agreement, the property owner grants exclusive rights to a specific number of real estate agencies. This allows multiple agencies to market and sell the property simultaneously, with each agency having the authority to solicit co-brokers. 3. Commercial Exclusive Sales Agency Listing Agreement: Designed specifically for commercial properties, this agreement grants exclusive rights to a real estate agency specializing in commercial real estate. The agency is responsible for marketing the property to potential buyers and soliciting co-brokers for the sale. 4. Residential Exclusive Sales Agency Listing Agreement: Tailored for residential properties, this agreement grants exclusive rights to a real estate agency specializing in residential real estate. The agency is responsible for marketing the property to potential buyers and soliciting co-brokers to ensure an efficient and effective sale. In all types of Wake North Carolina Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, the primary goal is to provide the property owner with a dedicated team of professionals who will actively market the property, attract potential buyers, negotiate offers, and facilitate the sale process. This agreement ensures clear communication, defined roles, and maximizes the chances of a successful sale at the best possible price.Wake North Carolina Exclusive Sales Agency Listing Agreement for Sale of Real Property with Brokers to Solicit Co-Brokers is a legal contract between a property owner and a real estate agency, granting the agency exclusive rights to sell the owner's property. This agreement outlines the terms and conditions under which the property will be marketed and sold, as well as the responsibilities and obligations of both parties involved. Keywords: Wake North Carolina, exclusive sales agency listing agreement, sale of real property, brokers, co-brokers. There are different types of Wake North Carolina Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, depending on specific requirements and circumstances. Some variations include: 1. Regular Exclusive Sales Agency Listing Agreement: This is the most common type where the property owner grants exclusive rights to a single real estate agency to market and sell the property. Only the designated agency and their affiliated brokers are allowed to solicit co-brokers for the sale. 2. Limited Exclusive Sales Agency Listing Agreement: In this type of agreement, the property owner grants exclusive rights to a specific number of real estate agencies. This allows multiple agencies to market and sell the property simultaneously, with each agency having the authority to solicit co-brokers. 3. Commercial Exclusive Sales Agency Listing Agreement: Designed specifically for commercial properties, this agreement grants exclusive rights to a real estate agency specializing in commercial real estate. The agency is responsible for marketing the property to potential buyers and soliciting co-brokers for the sale. 4. Residential Exclusive Sales Agency Listing Agreement: Tailored for residential properties, this agreement grants exclusive rights to a real estate agency specializing in residential real estate. The agency is responsible for marketing the property to potential buyers and soliciting co-brokers to ensure an efficient and effective sale. In all types of Wake North Carolina Exclusive Sales Agency Listing Agreements for Sale of Real Property with Brokers to Solicit Co-Brokers, the primary goal is to provide the property owner with a dedicated team of professionals who will actively market the property, attract potential buyers, negotiate offers, and facilitate the sale process. This agreement ensures clear communication, defined roles, and maximizes the chances of a successful sale at the best possible price.