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DocuSign Envelope ID: E9FE058913044541910C1D5CD58375EF
D0CFFEA56DF94209BCB04175B168933DEXCLUSIVE RIGHT TO SELL
RESIDENTIAL BROKERAGE AGREEMENT
DATE: 11/26/2019
1. SELLER(S) (List all): Drexel D Crow
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How to fill out exclusive right to sell
How to fill out exclusive right to sell
01
To fill out exclusive right to sell, follow these steps:
02
Start by entering the date on the top of the form.
03
Provide the names and contact information of the seller and the real estate agent representing the seller.
04
Enter the property address, legal description, and parcel number.
05
Specify the duration of the exclusive right to sell agreement.
06
Define the listing price and any price adjustments or reductions.
07
Outline the real estate agent's commission and any additional fees or expenses.
08
Include any special terms or conditions, such as marketing strategies or home staging requirements.
09
Sign and date the form, confirming the agreement between the seller and the real estate agent.
10
Make copies of the signed agreement for all parties involved.
11
Submit the original signed agreement to the appropriate office or entity as required.
Who needs exclusive right to sell?
01
Exclusive right to sell is needed by individuals or entities who are looking to sell a real estate property and want to hire a real estate agent to assist them in the selling process.
02
This agreement ensures that the chosen real estate agent has the exclusive right to market and sell the property, offering them a guarantee of commission if the property is sold during the specified duration of the agreement.
03
Individuals who prefer to have professional assistance in marketing and selling their property often opt for an exclusive right to sell agreement.
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What is exclusive right to sell?
The exclusive right to sell is a legal agreement that grants a broker or agent the sole authority to sell a property on behalf of the owner for a specified period.
Who is required to file exclusive right to sell?
The property owner or seller is required to file the exclusive right to sell agreement with their chosen real estate broker or agent.
How to fill out exclusive right to sell?
To fill out an exclusive right to sell agreement, the property owner should provide their personal information, details about the property, the agreed-upon commission, and the duration of the agreement, then sign the document.
What is the purpose of exclusive right to sell?
The purpose of the exclusive right to sell is to ensure that the broker or agent has the incentive to actively market and sell the property, knowing they will receive a commission if the property sells, regardless of who finds the buyer.
What information must be reported on exclusive right to sell?
The exclusive right to sell must report property details, owner details, listing price, commission rate, listing period, and any specific terms or conditions related to the sale.
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