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Copyright February 2014-Page 1 of 4 Exclusive Rights to Sell or Lease Listing Contract CommercialIndustrialInvestment A product of the CINCINNATI AREA BOARD OF REALTORS. Approved by Board Legal Counsel
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How to fill out exclusive right to sell

How to fill out exclusive right to sell:
01
Start by entering the name and contact information of the seller, including their full legal name, address, phone number, and email address.
02
Next, enter the name and contact information of the real estate agent or broker who will be representing the seller in the sale. Include their full legal name, agency or brokerage name, address, phone number, and email address.
03
Provide a detailed description of the property being sold, including the address, legal description, and any unique features or amenities.
04
Specify the duration of the exclusive right to sell agreement, indicating the start and end dates for the agreement.
05
State the agreed-upon listing price for the property, and any additional terms or conditions related to the pricing, such as adjustments or incentives.
06
Outline the responsibilities and obligations of the real estate agent or broker, including marketing and advertising the property, showing the property to potential buyers, and negotiating offers on behalf of the seller.
07
Indicate any specific limitations or restrictions that apply to the sale of the property, such as certain conditions or contingencies that must be met.
08
Include any additional terms or clauses that both parties have agreed upon, such as the payment of commissions, cancellation or termination policies, or any other specific conditions.
09
Ensure that both the seller and the real estate agent or broker review the completed exclusive right to sell agreement thoroughly before signing and dating it.
10
Make sure to keep a copy of the signed agreement for both parties' records.
Who needs exclusive right to sell:
01
Homeowners who want to sell their property quickly and efficiently may choose to enter into an exclusive right to sell agreement with a real estate agent or broker. This type of agreement gives the agent or broker the exclusive right to market and sell the property for a specified period of time.
02
Real estate agents or brokers may also benefit from having an exclusive right to sell agreement with a seller, as it provides them with a competitive edge in securing potential buyers and earning a commission from the sale.
03
Exclusive right to sell agreements are commonly used in the real estate industry, particularly in residential property sales, to ensure that both the seller and the agent or broker have a clear understanding of the terms and conditions of the sale, as well as their respective rights and responsibilities.
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What is exclusive right to sell?
Exclusive right to sell is a type of contract between a real estate agent and a property owner, granting the agent the sole right to market and sell the property.
Who is required to file exclusive right to sell?
Property owners who wish to engage the services of a real estate agent to sell their property are required to file an exclusive right to sell agreement.
How to fill out exclusive right to sell?
To fill out an exclusive right to sell agreement, both the property owner and the real estate agent must agree on the terms of the contract, including the listing price, duration of the agreement, and commission rate.
What is the purpose of exclusive right to sell?
The purpose of exclusive right to sell is to establish a formal agreement between a property owner and a real estate agent, giving the agent the exclusive right to sell the property and earn a commission.
What information must be reported on exclusive right to sell?
The exclusive right to sell agreement must include information such as the property address, listing price, commission rate, duration of the agreement, and any special terms or conditions.
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