The Contra Costa California Agreement between Real Estate Sales Representative and Broker is a legally binding document that establishes the working relationship between a real estate sales representative and their broker in Contra Costa County, California. This agreement outlines the rights, obligations, and responsibilities of both parties involved in the real estate transaction process. In this agreement, the real estate sales representative, also known as the agent, acts as a liaison between buyers and sellers in the real estate market, while the broker is the licensed individual or company that supervises and oversees the agent's activities. The agreement clarifies the scope of the agent's authority, commission structure, and the terms under which they can operate, representing the broker's interests. Some variations of the Contra Costa California Agreement between Real Estate Sales Representative and Broker may include: 1. Exclusive Buyer Agency Agreement: This agreement specifies that the agent exclusively represents buyers in their real estate transactions. It ensures that the agent's fiduciary responsibilities lie solely with the buyer, aiming to protect their interests throughout the buying process. 2. Exclusive Seller Agency Agreement: This agreement outlines that the agent exclusively represents sellers in their real estate transactions. The agent undertakes to act in the best interests of the seller, assisting them in marketing their property, negotiating offers, and finalizing the sale. 3. Dual Agency Agreement: This agreement discloses that the agent represents both the buyer and seller in the same real estate transaction. Dual agency is allowed in California if both parties provide informed written consent. This agreement sets out the agent's responsibilities while managing this potential conflict of interest. Keywords: Contra Costa California, Agreement, Real Estate, Sales Representative, Broker, relationship, obligations, responsibilities, agent, liaison, buyers, sellers, authority, commission, exclusive buyer agency, exclusive seller agency, dual agency, fiduciary responsibilities, marketing, negotiation, consent.
Contra Costa California Agreement between Real Estate Sales Representative and Broker
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