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Exclusive Agency Listing Agreement The undersigned (“Owners “) here by appoint Scott Berg of Berg Properties Inc (Broker) as broker to help facilitate sale of the property (Property) identified

How to fill out exclusive agency listing agreement

How to fill out exclusive agency listing agreement:

1. Read the agreement thoroughly: Begin by carefully reading through the exclusive agency listing agreement to understand its terms and conditions.
2. Gather necessary information: Collect all the required information, such as the property details, the listing price, and any specific terms or conditions you would like to include.
3. Fill out the property information: In the agreement, provide accurate and detailed information about the property, including its address, legal description, and any specific features or amenities.
4. Specify the listing price: Indicate the desired listing price for the property. Consider factors such as market value, comparable sales, and the property's condition when determining the price.
5. Outline the exclusive agency period: Define the duration of the exclusive agency period, which is the agreed-upon timeframe during which the listing agent has sole rights to market and sell the property.
6. Include any additional terms or conditions: If there are any specific conditions or terms you would like to include in the agreement, such as seller concessions or repairs, clearly state them in the appropriate section.
7. Review and sign the agreement: Review all the filled-out sections, ensuring accuracy and completeness. Once you are satisfied, sign the agreement along with the listing agent.
8. Keep a copy for your records: Make sure to retain a copy of the signed exclusive agency listing agreement for your records.

Who needs exclusive agency listing agreement?

1. Homeowners looking to sell their property: Exclusive agency listing agreements are beneficial for homeowners who want to hire a real estate agent to market and sell their property while retaining the option to sell it independently.
2. Real estate agents: Agents looking to secure exclusive rights to market and sell a property can utilize exclusive agency listing agreements to ensure they have sole representation during a specified timeframe.
3. Real estate brokerages: Brokerage firms may require their agents to use exclusive agency listing agreements to ensure proper representation and avoid potential conflicts of interest.

For pdfFiller’s FAQs

What is exclusive agency listing agreement?

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

Who is required to file exclusive agency listing agreement?

The real estate broker representing the seller is required to file the exclusive agency listing agreement.

How to fill out exclusive agency listing agreement?

The exclusive agency listing agreement can be filled out by entering the relevant details of the property, commission rate, duration of the agreement, and any other terms negotiated between the seller and the broker.

What is the purpose of exclusive agency listing agreement?

The purpose of the exclusive agency listing agreement is to establish the terms and conditions under which a real estate broker will represent a seller in the sale of their property.

What information must be reported on exclusive agency listing agreement?

The exclusive agency listing agreement must include details about the property, commission rate, duration of the agreement, responsibilities of both the seller and the broker, and any other terms agreed upon.

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