Get the free FLAT FEE LISTING AGREEMENT TO MARKET PROPERTY THROUGH THE

FLAT FEE LISTING AGREEMENT TO MARKET PROPERTY THROUGH THE MULTIPLE LISTING SERVICE (MLS) IN THE ROCHESTER, BUFFALO & SYRACUSE REGIONS OR THE ALBANY & CAPITAL REGION. V1.6 SILVER PLAN This agreement

How to fill out flat fee listing agreement

How to fill out a flat fee listing agreement:

1. Start by carefully reviewing the flat fee listing agreement document. Familiarize yourself with the terms and conditions, as well as any additional requirements or clauses specific to your situation.
2. Fill in your personal information accurately. This includes your full legal name, address, contact details, and any other information requested in the agreement. Double-check for any errors before moving on.
3. Provide details about the property you wish to list. This typically includes its address, legal description, type of property (e.g., single-family home, condo, etc.), square footage, number of bedrooms and bathrooms, and any additional features or amenities.
4. Specify the listing price or the desired price range for your property. Consider conducting research on comparable properties in your area to determine a realistic and competitive price.
5. Indicate the duration of the listing agreement. Specify the start and end dates of the agreement, keeping in mind that longer durations may provide more exposure, but shorter durations allow flexibility if you decide to switch approaches later.
6. Determine the method of compensation for the real estate agent or agency. In a flat fee agreement, the commission is usually a predetermined flat fee, rather than a percentage of the sale price. Make sure the agreed-upon amount is clearly stated in the agreement.
7. Review and understand any additional terms, conditions, or provisions listed in the agreement. This may include specific instructions for marketing your property, handling offers, and negotiating the final sale.

Who needs a flat fee listing agreement?

1. Homeowners who want to sell their property without paying the traditional full commission rate to a real estate agent or agency.
2. Sellers who prefer a fixed and more predictable fee structure rather than a commission based on the sale price of the property.
3. Individuals who feel confident in managing their own property listing, marketing, and communication with potential buyers, but still require the support and expertise of a real estate agent or agency for certain aspects of the process.
4. Homeowners who want to have their property listed on the multiple listing service (MLS) but do not require extensive additional services typically associated with a traditional listing agreement.
5. Sellers who are seeking a cost-effective alternative to the standard commission-based real estate agent services, allowing them to potentially save money on the overall transaction.

Remember, it's always recommended to consult with a qualified real estate attorney or licensed agent before signing any legally binding agreement.

For pdfFiller’s FAQs

What is flat fee listing agreement?

A flat fee listing agreement is a contract between a property owner and a real estate broker in which the broker agrees to list the property for a fixed fee, regardless of the final sale price.

Who is required to file flat fee listing agreement?

Both the property owner and the real estate broker are required to file the flat fee listing agreement.

How to fill out flat fee listing agreement?

To fill out a flat fee listing agreement, both parties must enter their details, specify the property being listed, outline the fee structure, and sign the agreement.

What is the purpose of flat fee listing agreement?

The purpose of a flat fee listing agreement is to provide a clear and mutually agreed upon arrangement for listing a property for sale.

What information must be reported on flat fee listing agreement?

The flat fee listing agreement must include details of the property, the fee structure, the duration of the listing, and the responsibilities of both parties.

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