Get the free EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND) - ncrealtors

This Agreement outlines the terms and conditions under which a Seller grants exclusive rights to a Listing Firm for the sale of a vacant lot or land in North Carolina.

How to fill out exclusive right to sell

How to fill out EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)

1. Begin by entering the date at the top of the agreement.
2. Fill in the names of the seller(s) and the broker representing them.
3. Provide a detailed description of the vacant lot or land being sold, including its address and parcel number.
4. Specify the listing price for the property.
5. Include the start and expiration dates of the agreement.
6. Outline any commission rates for the broker upon the sale of the property.
7. State any terms regarding advertising and showing the property.
8. Include any exclusions, such as properties already under contract or listed elsewhere.
9. Ensure both parties sign and date the agreement to make it legally binding.

Who needs EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

1. Sellers of vacant lots or land who want to officially authorize a real estate broker to sell their property.
2. Real estate brokers seeking to formalize their relationship with property owners and secure commission for their services.
3. Investors looking to sell their parcels of land through a reputable agent.

People Also Ask about

What is the difference between exclusive and non-exclusive agreement?

Unlike exclusive contracts that lock you into working with just one partner, non-exclusive agreements open doors to numerous business relationships. Think of it this way: You're running a successful software business. With non-exclusive agreements, you can partner with multiple resellers who distribute your products.

What is the difference between exclusive and non-exclusive buyer agreement?

These agreements are often exclusive, which means that you will not hire another agent to represent you while you shop for a home. Alternatively, a non-exclusive buyer agreement does not lock you into a long-term commitment with an agent, or it allows you to work with more than one agent.

Why would a seller want an exclusive listing?

Exclusive Right to Sell Guarantees Broker Commission: This agreement ensures the listing brokerage earns a commission regardless of who finds the buyer — even if it's the seller — offering brokers strong motivation to market the property effectively.

What is an exclusive listing agreement?

Exclusive listing agreements give a single real estate agent/brokerage the sole right to sell your property. This arrangement can be a great representation structure for limiting complexity and increasing seller control but can also have consequences like limiting exposure.

What are the three main types of listing agreements?

The three types of listing agreements are: Exclusive Right to Sell Listing. Exclusive Agency Listing. Open Listing.

What happens if you have an exclusive right to sell listing contract?

Exclusive right to sell listing An exclusive right to sell grants a single real estate agency exclusive authority to market and sell a property, ensuring the listing agent earns a commission regardless of who finds the buyer. While this agreement is active, the property owner cannot use another agent.

What does an exclusive listing agreement mean?

With an exclusive listing agreement, you as the seller have more control over the process. Since the property is not listed on the MLS®, you'll be able to have more control such as the listing period and who can view the property. With a non-exclusive listing agreement, you have less control over the selling process.

For pdfFiller’s FAQs

What is EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

The EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND) is a legal contract between a property owner and a real estate agent or broker that grants the agent the exclusive right to sell a specific parcel of vacant land. This agreement ensures that the agent will receive a commission regardless of who sells the property.

Who is required to file EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

The property owner, who wishes to sell their vacant lot or land, is required to file the EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT. This document is typically prepared and presented by the real estate agent or broker representing the seller.

How to fill out EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

To fill out an EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT, the property owner and the agent must provide details such as the property description, listing price, commission rates, duration of the agreement, and any specific terms or conditions. It is essential to ensure all information is accurate and complete before signing.

What is the purpose of EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

The purpose of the EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT is to establish the terms and conditions under which the real estate agent will represent the seller to market and sell the property. It protects the agent's right to a commission and provides a framework for the sale process.

What information must be reported on EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT (VACANT LOT/LAND)?

The EXCLUSIVE RIGHT TO SELL LISTING AGREEMENT must report key information including the legal description of the property, listing price, commission structure, expiration date of the agreement, and specific terms or contingencies related to the sale.