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RESIDENTIAL INPUT FORM ADDENDUM TO SELLER BROKERAGE/ DESIGNATED BROKERAGE AGREEMENT Areas which are in gray must be completed. EXCLUSIVE MLS Page 1 of 3 50 20 BUILDING DIMENSIONS MLS /PID # PAN #

How to fill out addendum to seller brokerage

How to fill out addendum to seller brokerage:

1. Begin by reviewing the original seller brokerage agreement. Familiarize yourself with the terms and conditions outlined in the document.
2. Identify the specific details or changes that need to be addressed in the addendum. This could include modifications to the commission structure, changes in the listing price, or any additional terms negotiated between the seller and the brokerage.
3. Generally, an addendum should contain a heading indicating that it is an addendum to the original seller brokerage agreement. Include the names of the parties involved (seller and brokerage) and the date of the addendum.
4. Clearly state the purpose of the addendum, explaining the reason for the modification or addition. This will provide context and ensure transparency for all parties involved.
5. Include a detailed description of the changes being made. Use clear language and be specific about the alterations or additions being made to the original agreement.
6. Make sure to reference the specific sections or paragraphs of the original seller brokerage agreement that are being modified or supplemented. This ensures that the addendum is directly tied to the original document and that there is no confusion regarding the changes being made.
7. Both the seller and the brokerage should sign and date the addendum. This signifies their agreement and acceptance of the changes outlined in the document.
8. Keep a copy of the addendum for your records and provide a copy to the other party involved. This will help maintain transparency and provide proof of the modified terms in case any disputes arise in the future.
9. It is always a good practice to consult with a legal professional or a real estate agent when filling out an addendum to ensure that it complies with local laws and regulations.

Who needs an addendum to seller brokerage:

1. Home sellers who wish to modify or supplement the terms of their original seller brokerage agreement.
2. Real estate brokerages or agents who agree to the proposed changes by the seller and require an addendum to formalize the modifications.
3. Real estate professionals who want to ensure that all modifications or additions to the original agreement are in writing and agreed upon by both parties.
4. Anyone involved in a real estate transaction who wants to maintain clear communication and avoid any potential misunderstandings related to the terms and conditions of the seller brokerage agreement.

For pdfFiller’s FAQs

What is addendum to seller brokerage?

An addendum to seller brokerage is a supplementary document that is added to the original brokerage agreement between the seller and the broker to modify or add certain terms or conditions.

Who is required to file addendum to seller brokerage?

Both the seller and the broker are required to file addendum to seller brokerage if they wish to make any changes or additions to the original agreement.

How to fill out addendum to seller brokerage?

The addendum to seller brokerage can be filled out by writing in the desired changes or additions and both parties must sign and date the document to make it legally binding.

What is the purpose of addendum to seller brokerage?

The purpose of addendum to seller brokerage is to ensure that any changes or additions to the original agreement are clearly documented and agreed upon by both parties.

What information must be reported on addendum to seller brokerage?

The addendum to seller brokerage must clearly state the changes or additions being made to the original agreement and must be signed and dated by both parties.

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