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Exclusive Listing Agreement (Also referred to as Exclusive Seller Brokerage Agreement) NOTICE: This contract is not intended for properties in the following Metro Atlanta counties: Barton, Chattanooga,
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How to fill out exclusive listing agreement
How to Fill Out Exclusive Listing Agreement:
01
Start by gathering all the necessary information. This includes the property address, legal description, and any relevant details about the property.
02
Read through the exclusive listing agreement carefully, ensuring that you understand all the terms and conditions mentioned.
03
Fill in the parties involved in the agreement. This typically includes the property owner (the seller) and the real estate agent (the listing agent).
04
Specify the duration of the agreement. This can be done by indicating the start and end dates or by mentioning the specific number of days the agreement will be in effect.
05
Clearly state the terms of the listing, such as the listing price, any price reductions allowed, and the commission rate to be paid to the listing agent.
06
Include any additional terms or conditions that need to be considered, such as exclusions or inclusions of certain appliances or fixtures.
07
Make sure to mention any restrictions or limitations on the listing, such as restrictions on showing the property or any specific requirements for the property's presentation.
08
Review and double-check all the filled-out information for accuracy and completeness.
09
Sign the exclusive listing agreement, ensuring that all parties involved also sign the document.
10
Keep a copy of the agreement for your records.
Who Needs Exclusive Listing Agreement:
01
Property owners who want to hire a real estate agent to exclusively represent their property for sale or lease.
02
Real estate agents who want to secure the exclusive right to represent a property owner in marketing and negotiating the sale or lease of their property.
03
Anyone involved in a real estate transaction where there is a need for a dedicated representative and a clear agreement to define the terms and conditions of the representation.
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What is exclusive listing agreement?
An exclusive listing agreement is a contract between a real estate broker and a seller that gives the broker the exclusive right to market and sell the seller's property.
Who is required to file exclusive listing agreement?
The real estate broker is required to file the exclusive listing agreement.
How to fill out exclusive listing agreement?
To fill out an exclusive listing agreement, the seller and the broker must agree on terms such as listing price, duration of the agreement, and commission rate.
What is the purpose of exclusive listing agreement?
The purpose of an exclusive listing agreement is to establish a formal relationship between a seller and a broker for the sale of a property.
What information must be reported on exclusive listing agreement?
The exclusive listing agreement must include details such as the property address, listing price, commission rate, duration of the agreement, and any special terms or conditions.
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