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This document serves as a mandatory form for real estate brokers and agents in Québec, outlining the exclusive brokerage agreement for the sale of residential properties, including the responsibilities
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How to fill out exclusive brokerage contract

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How to fill out EXCLUSIVE BROKERAGE CONTRACT

01
Begin by entering the date at the top of the contract.
02
Fill in the names and addresses of both the broker and the seller.
03
Specify the property details, including the address and a brief description.
04
Clearly state the duration of the brokerage agreement.
05
Outline the commission rate and how it will be calculated.
06
Include any special terms or conditions agreed upon by both parties.
07
Indicate any additional services the broker will provide.
08
Ensure both parties sign and date the document.
09
Keep a copy for both the broker and the seller.

Who needs EXCLUSIVE BROKERAGE CONTRACT?

01
Homeowners looking to sell their property.
02
Real estate agents who want to secure exclusive rights to represent a seller.
03
Investors seeking to list their properties for sale.
04
Anyone entering a real estate transaction that requires representation.
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People Also Ask about

With an exclusive contract, your broker has the right to act as your sole agent during the sale process. This means they're the only one allowed to sell your property, and no other real estate agents can approach you directly.
Brokerage agreements typically include specific terms about the broker's role, commission structure, duration, and conditions for termination. Federal and state laws regulate these agreements, especially concerning licensing and prohibited activities in industries like insurance and real estate.
It grants the agent an exclusive right to act for the client in the transaction within a limited period of time. The client, within this time frame, is not allowed to use another agent, and the agent has a right to receive a commission if the buyer or property is a result of them or otherwise.
A brokerage agreement is a statutory agreement between a broker and a customer, summarizing the terms and conditions of their professional association. In addition, brokers can offer different services, including managing portfolios, purchasing and selling securities, and offering investment advice.
A non-exclusive brokerage agreement is mainly used for short-term needs. These typically last two months or less, and allows the buyer to work with multiple brokers at once. The buyer is also not financially obligated to pay the broker for their services, or a commission, with this type of agreement.
The listing agreement may be exclusive or non-exclusive. When it is exclusive, the real estate agent has the right to a commission irrespective of who sells the home. When it is non-exclusive, the real estate agent will only get a commission if he or she sells the home.
What does Exclusivity agreement mean? A lock-out or exclusivity agreement prevents one or both of the parties from negotiating with anyone else on certain terms.

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An Exclusive Brokerage Contract is a legal agreement between a property owner and a real estate broker that grants the broker exclusive rights to market and sell the property for a specified period of time.
The property owner, who wishes to sell their property, is typically required to file an Exclusive Brokerage Contract with the real estate broker they choose to represent them.
To fill out an Exclusive Brokerage Contract, both parties need to provide their personal information, property details, the commission rate, the duration of the contract, and any specific terms regarding the sale of the property.
The purpose of an Exclusive Brokerage Contract is to protect the interests of both the property owner and the broker by clearly outlining the responsibilities, obligations, and rights of each party during the property selling process.
The information that must be reported on an Exclusive Brokerage Contract includes the property owner's details, broker's details, property description, listing price, commission rate, duration of agreement, and any specific conditions or obligations.
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