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EXCLUSIVE AGENCY LISTING AGREEMENT (EA) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 431. EXCLUSIVE RIGHT TO SELL: I/We, hereby
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How to fill out exclusive agency listing agreement

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How to fill out exclusive agency listing agreement

01
Start by obtaining a copy of the exclusive agency listing agreement from a real estate agent or attorney.
02
Read through the agreement carefully to understand the terms and obligations.
03
Fill in your personal information, such as your name, contact details, and address, in the specified fields.
04
Identify the property you wish to list exclusively by providing its address and any unique identifiers, such as parcel or tax numbers.
05
Specify the listing price or price range for the property. You may also include any special conditions or terms related to the pricing.
06
Determine the duration of the exclusive agency agreement. This is typically a specified number of months during which the agent has the sole right to market and sell the property, after which the agreement may be terminated.
07
Clarify the commission structure and payment terms for the agent. This may include specifying a percentage of the sale price or a flat fee.
08
Include any additional terms, such as the responsibilities of both the agent and the property owner, marketing strategies, and any limitations on the agent's authority.
09
Review the filled-out agreement thoroughly to ensure accuracy and completeness.
10
Sign and date the agreement, and have the real estate agent or attorney countersign as well.
11
Keep a copy of the signed agreement for your records.

Who needs exclusive agency listing agreement?

01
Anyone who wants to hire a real estate agent to assist in selling their property while retaining the right to personally sell the property without owing a commission.
02
Property owners who prefer not to enter into an exclusive agreement where the agent has the sole right to sell the property.
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An exclusive agency listing agreement is a contract between a property owner and a real estate agent that grants the agent exclusive rights to sell the property, while allowing the owner to sell the property themselves without paying a commission.
Typically, the property owner and the real estate agent involved in the transaction are required to file an exclusive agency listing agreement.
To fill out an exclusive agency listing agreement, both parties must provide their names, the property's details, the terms of the agreement, including the commission structure, the duration of the listing, and any specific conditions agreed upon.
The purpose of an exclusive agency listing agreement is to formalize the relationship between the property owner and the agent, ensuring that the agent has the authority to market and sell the property while protecting the owner's interests.
The information that must be reported includes the property address, the listing price, the duration of the agreement, commission rates, and the signatures of both the property owner and the agent.
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