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LISTING AGREEMENT ADDENDUM Please sign and attach to the Listing Agreement This Listing Agreement Addendum is incorporated by reference in and becomes a part of the Listing Agreement for: (Property

How to fill out this listing agreement addendum

How to fill out this listing agreement addendum?

1. Start by reviewing the existing listing agreement: Carefully read through the original listing agreement to understand its terms and conditions. This will help you identify the specific areas that require an addendum.
2. Identify the changes or additions: Determine the modifications you want to make to the original listing agreement. Whether it's adjusting the listing price, extending the duration, adding additional terms, or addressing any other specific changes, make a clear list of all the adjustments needed.
3. Understand the addendum format: Familiarize yourself with the format and structure of a listing agreement addendum. Typically, it includes a heading stating it is an addendum, the names of all parties involved, a brief description of the property, and the amendments being made.
4. Add necessary details: Fill in the required information accurately. This includes the names and contact details of all parties involved, the specific property address, and the agreed-upon changes to the original listing agreement. Be sure to provide clear and concise descriptions of the modifications to avoid any confusion.
5. Seek legal advice if needed: If you have any doubts or concerns about the addendum, it's recommended to seek legal advice. Consulting with a real estate attorney can ensure that your addendum adheres to the applicable laws and regulations.

Who needs this listing agreement addendum?

1. Sellers: If you are a seller and wish to make changes to the original listing agreement, you will need an addendum. This could be due to adjustments in pricing, extending the agreement's duration, or any other contractual amendments.
2. Buyers: In certain cases, buyers might also require a listing agreement addendum. This could be if they wish to modify specific terms of the agreement, such as adding contingencies or altering the closing date.
3. Real estate agents: Real estate agents who represent either the buyer or seller may also prepare a listing agreement addendum when there are changes or amendments to the original agreement. This ensures that all parties are aware of any modifications made during the course of the transaction.

In summary, filling out a listing agreement addendum involves carefully reviewing the original agreement, identifying the necessary changes, understanding the format, providing accurate details, and seeking legal advice if needed. Both sellers and buyers, as well as real estate agents, may require a listing agreement addendum based on their specific circumstances.

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What is this listing agreement addendum?

This listing agreement addendum is a document that amends or supplements the original listing agreement between a real estate agent and a property owner.

Who is required to file this listing agreement addendum?

The listing agent and the property owner are required to file this listing agreement addendum.

How to fill out this listing agreement addendum?

The listing agreement addendum should be filled out by providing the requested information and signatures of both parties involved.

What is the purpose of this listing agreement addendum?

The purpose of this listing agreement addendum is to make changes or additions to the original listing agreement that both parties agree upon.

What information must be reported on this listing agreement addendum?

The listing agreement addendum must include the amendments or additions to the original listing agreement, as well as the signatures of both parties.