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EXCLUSIVE RIGHT OF SALE LISTING AGREEMENT FOR SINGLE AGENT BROKER COPYRIGHTED and SUGGESTED FOR USE BY SUBSCRIBERS OF THE NORTHEAST FLORIDA MULTIPLE LISTING SERVICE, INC. 1 THIS EXCLUSIVE RIGHT OF

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People Also Ask about

What is the exclusive right to sell?

In an exclusive-right-to-sell agreement, the broker earns commission from the sale of the property, even if the homeowner finds a buyer for the home themselves. In an exclusive agency listing, the homeowner is free to find a buyer for the home with no financial obligation to the broker.

What is a written listing agreement an example of?

The listing agreement is an employment contract rather than a real estate contract: The broker is hired to represent the seller, but no property is transferred between the two.

How do I make changes after a listing agreement has been signed by all parties?

Once a listing agreement is signed by all parties, it cannot be changed. The seller can change the listing agreement whenever he or she wants.

Is a listing agreement an example of a bilateral contract?

A bilateral contract is one where there is a promise for a promise. Sales contracts and listings are examples of bilateral contracts. In a listing contract, the seller promises to pay if the agent promises to procure a purchaser.

What should be included in the listing agreement?

The elements that make up a listing agreement. Names, addresses, and contact information for both the owner and the agent. The time period in which the property will be listed for sale. The listing price of the property. The type of listing agreement being entered into.

What is a written listing agreement?

A listing agreement is a contract between an owner of real estate and a real estate broker giving the broker authority to place the property on the market for sale. The contract will define the rights and responsibilities of each party, including how the broker will be compensated.

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