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REVIEW WEST TOWN PHONE/FA X ONLINE 2901 N Halsted 1448 N Western (773) 698 6648 fultongrace.com Chicago, IL 60657 Chicago, IL 60622 (773) 634 8319 info fultongrace.com EXCLUSIVE RESIDENTIAL LISTING
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How to Fill Out an Exclusive Residential Listing Agreement:

01
Read the agreement carefully: Before beginning to fill out the exclusive residential listing agreement, thoroughly read through the document to understand its terms and conditions.
02
Provide accurate property information: Start by entering the accurate details of the property being listed, such as the address, legal description, and any unique features or amenities it may have.
03
Include the listing price: Determine and include the listing price for the property. This should be an amount that both the seller and the real estate agent agree upon.
04
Specify the listing period: Indicate the duration for which the exclusive listing agreement will be valid. This is typically a predefined period, such as three months or six months, during which the real estate agent has exclusive rights to sell the property.
05
Include commission terms: Specify the commission rate or percentage that the real estate agent will receive upon successfully selling the property. This is usually a negotiated amount between the seller and the agent.
06
Determine marketing and advertising strategies: Discuss and agree upon the marketing and advertising strategies that the real estate agent will employ to market the property effectively. This may include online listings, print advertisements, open houses, etc.
07
Define the seller's obligations: Outline any specific obligations or responsibilities that the seller must fulfill during the listing period. This can include maintaining the property, making necessary repairs, staging the property for showings, etc.
08
Review contract termination conditions: Go through the conditions that allow either party to terminate the exclusive listing agreement before its expiration. This can include scenarios such as a breach of contract, unsatisfactory performance, or mutual agreement to terminate.

Who Needs an Exclusive Residential Listing Agreement:

01
Homeowners looking to sell their property: Homeowners who wish to sell their property and engage the services of a real estate agent to market and sell their home often require an exclusive residential listing agreement.
02
Real estate agents: Real estate agents who represent sellers and want to secure exclusive rights to market and sell a property will utilize an exclusive residential listing agreement. This agreement ensures that the agent is the only one authorized to sell the property during the specified listing period.
03
Real estate brokerage firms: Real estate brokerage firms that employ agents to represent sellers utilize exclusive residential listing agreements to define the terms and conditions under which their agents will conduct business and list properties.
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An exclusive residential listing agreement is a contract between a real estate agent and a seller that gives the agent the exclusive right to represent the seller in the sale of their property.
The real estate agent and the seller are required to sign and file the exclusive residential listing agreement.
The exclusive residential listing agreement can be filled out by providing all the necessary details about the property, terms of the agreement, and signatures of both parties.
The purpose of the exclusive residential listing agreement is to establish the terms of the agreement between the seller and the real estate agent, outlining the agent's responsibilities and the seller's obligations.
The exclusive residential listing agreement must include details about the property, list price, commission rate, terms of the agreement, and signatures of both parties.
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1978 LLC hereof Fulton CoinOperated LAKEVIEW undertakings MLS Woodburn contemporaneous Halsted fultongrace infofultongrace Authorizations hereunder tenancy hereinafter understandings effecting showings covenants hereto warranties unreasonably supersedes c

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