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ADDENDUM TO BROKER AGREEMENT This Addendum to Broker Agreement (Addendum) is entered into by and between Pacific Union Financial, LLC (Lender), and, (Broker) (hereinafter collectively referred to

How to fill out this addendum to broker

Who needs this addendum to broker?

1. Homebuyers: Homebuyers who have entered into a contract with a real estate broker may need to fill out this addendum to broker. It is typically required to address any additional terms or agreements that were not covered in the original broker agreement.
2. Sellers: Sellers who have hired a real estate broker to represent them in the sale of their property may also need to fill out this addendum. It allows them to specify any additional conditions or requirements they have for the broker's services.
3. Real estate agents: Real estate agents who are acting as brokers in a transaction may also need to fill out this addendum. It enables them to document any agreed-upon modifications or additions to the original broker agreement.

How to fill out this addendum to broker:

1. Review the original broker agreement: Before filling out the addendum, carefully review the original broker agreement to understand its terms and conditions. This will help ensure that the addendum complements the existing agreement and does not contradict any clauses.
2. Identify the additional terms: Determine the additional terms or modifications you wish to include in the addendum. It can cover various aspects, such as commission rates, specific marketing strategies, termination clauses, or any other negotiated terms.
3. Draft the addendum: Create a clear and concise document specifically outlining the additional terms. Start with a heading stating "Addendum to Broker" followed by the date and names of the parties involved. Clearly state the purpose of the addendum and provide a detailed description of the additional terms being added or modified.
4. Seek legal advice if necessary: If you are unsure about any legal aspects or implications of the addendum, it is advisable to consult with a real estate attorney or seek legal advice. They can review the document and ensure compliance with local laws and regulations.
5. Obtain signatures: Once the addendum is drafted, carefully review it with all parties involved. Make sure everyone understands and agrees to the terms outlined in the addendum. All parties should sign and date the document to signify their acceptance and acknowledgment.

Remember, filling out this addendum to broker is an important step in documenting any additional terms or modifications to the original broker agreement. It helps ensure that all parties are on the same page and have a clear understanding of their rights, obligations, and expectations.

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What is this addendum to broker?

The addendum to broker is a document that provides additional information to a broker in a real estate transaction.

Who is required to file this addendum to broker?

The seller or buyer involved in a real estate transaction is required to file this addendum to the broker.

How to fill out this addendum to broker?

The addendum to broker can be filled out by providing the requested information accurately and completely.

What is the purpose of this addendum to broker?

The purpose of this addendum is to provide additional details or clarification on specific aspects of the real estate transaction.

What information must be reported on this addendum to broker?

The addendum may require information like additional terms and conditions, property disclosures, or amendments to the original agreement.