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Exclusive Right to Sell or Lease Listing Agreement The MLS and Texas Real Estate rules require that you sign a listing agreement before we can list your property on the MLS. Owner MUST NOTIFY BROKER
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How to fill out exclusive agency listing agreement

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How to fill out exclusive agency listing agreement:

01
Begin by reviewing the terms and conditions of the exclusive agency listing agreement. Make sure you understand the rights and obligations of both parties involved.
02
Fill in the names and contact information of both the seller (the principal) and the real estate agent (the agent) in the designated spaces on the agreement.
03
Specify the term or duration of the exclusive agency listing. This is the timeframe during which the agent has the exclusive right to sell the property.
04
Determine the listing price for the property. This should be agreed upon by both the seller and the agent, and it should be a realistic price based on market conditions and comparable sales.
05
Indicate any specific terms or conditions that apply to the agreement. For example, if the seller has any specific requirements for showing the property or if there are any restrictions on marketing or advertising.
06
Include any additional clauses or provisions that are relevant to the agreement. This could include things like the agent's commission structure, responsibilities for property maintenance, or any contingencies.
07
Ensure that both the seller and the agent sign and date the agreement. This signifies their acceptance and understanding of the terms and conditions outlined in the exclusive agency listing agreement.

Who needs an exclusive agency listing agreement:

01
Homeowners who want to sell their property and are seeking the assistance of a real estate agent typically need an exclusive agency listing agreement.
02
Real estate agents who are representing sellers may require an exclusive agency listing agreement to establish their legal rights and responsibilities in the selling process.
03
Individuals or parties who want to engage in a real estate transaction involving the sale of a property and want to ensure that they have the exclusive services of a specific agent may also utilize an exclusive agency listing agreement.
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An exclusive agency listing agreement is a contract between a real estate agent and a property owner where the agent has sole rights to market and sell the property, but the owner retains the right to sell the property on their own without paying a commission.
The real estate agent and the property owner are both required to file the exclusive agency listing agreement.
The exclusive agency listing agreement can be filled out by entering the necessary information such as property details, commission rates, listing duration, and any other terms and conditions agreed upon by both parties.
The purpose of an exclusive agency listing agreement is to establish the terms and conditions under which a real estate agent will market and sell a property, while allowing the property owner to also market and sell the property on their own.
The exclusive agency listing agreement must include details of the property being listed, the agreed-upon commission rates, the duration of the listing, and any other terms and conditions agreed upon by both parties.
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Relevant keywords

Texas MLS LLC TREC EFax HUD-1 listlistingresults incompleteness inaccuracy indemnify addendums SB misrepresentation showings appoints foregoing verifiable nondisclosure refundable authorizes commences acknowledges familial subscribers REALTORS applicable

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