Get the free Exclusive Agency Listing Agreement. Form 36-5, Addendum for Property Subject to Mand...

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 home on the MLS. Owner MUST NOTIFY BROKER WITHIN

How to fill out exclusive agency listing agreement

To fill out an exclusive agency listing agreement, follow these steps:

1. Familiarize yourself with the agreement: Read through the entire exclusive agency listing agreement to understand its terms and conditions. Make note of any areas that require your attention or clarification.
2. Gather necessary information: Collect all the relevant details about the property you intend to list, such as address, property description, features, and recent updates. Additionally, gather information about yourself as the agent, including your contact details and license information.
3. Identify parties involved: Clearly identify the parties involved in the agreement. This typically includes the property owner(s) (also known as the principal(s)) and the real estate agent (also known as the broker).
4. Specify the listing price and terms: Determine the listing price for the property and the desired terms, such as the duration of the listing, any specific contingencies, and the agent's commission structure.
5. Include property disclosures: Ensure that all mandatory property disclosures are included in the agreement. These disclosures may cover items such as defects, lead-based paint, or potential issues that may affect the property value.
6. Outline advertising and marketing strategies: Agree on the marketing efforts and advertising strategies the agent will undertake to promote the property. This may include online listings, print advertisements, open houses, or any other agreed-upon methods.
7. Determine agent's duties and responsibilities: Clearly define the agent's responsibilities throughout the listing period, such as showing the property to potential buyers, negotiating offers, and providing regular updates to the property owner.
8. Protect exclusivity: Specify that during the agreement's duration, the property owner will not engage any other agents or brokers to list or market the property. However, they may still personally sell the property.

Who needs an exclusive agency listing agreement?

An exclusive agency listing agreement is typically used by property owners who wish to sell their property through the assistance of a real estate agent or broker. This agreement ensures that the agent has the exclusive right to market and sell the property for a specified period. It also provides protection to the agent, guaranteeing them a commission if the property is sold during the listing period, even if the owner sells it themselves.

For pdfFiller’s FAQs

What is exclusive agency listing agreement?

An exclusive agency listing agreement is a contract between a real estate agent and a seller that gives the agent the exclusive right to market and sell the property, but allows the seller to find a buyer on their own without owing a commission.

Who is required to file exclusive agency listing agreement?

The real estate agent is required to file the exclusive agency listing agreement with the appropriate real estate board or agency.

How to fill out exclusive agency listing agreement?

To fill out an exclusive agency listing agreement, both the real estate agent and the seller must enter their contact information, property details, listing price, commission rate, and any special terms or conditions.

What is the purpose of exclusive agency listing agreement?

The purpose of an exclusive agency listing agreement is to establish the terms of the relationship between the real estate agent and the seller, and to outline the rights and responsibilities of each party during the listing period.

What information must be reported on exclusive agency listing agreement?

The exclusive agency listing agreement must include the names and contact information of both the real estate agent and the seller, the property address, listing price, commission rate, expiration date, and any special terms or conditions.

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