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EXCLUSIVE LISTING AGREEMENT This Exclusive Listing Agreement defines the terms and conditions whereby the undersigned sales management firm hereafter called BROKER agrees to manage the sale of the
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How to fill out exclusive listing definition

01
To fill out the exclusive listing definition, follow these steps:
02
Start by providing basic information such as the property address, owner's name, and contact details.
03
Specify the duration of the exclusive listing agreement, including the start and end dates.
04
Clearly define the scope of the exclusive listing, whether it covers the sale or lease of the property.
05
Outline the terms and conditions of the agreement, including the commission rate or fees payable to the agent.
06
Include any specific requirements or restrictions related to the listing, such as marketing strategies or pricing strategies.
07
Provide a section to describe the property in detail, including its features, amenities, and any recent renovations or improvements.
08
Indicate whether the listing includes any exclusive rights for the agent, such as the sole authority to negotiate and accept offers.
09
Include any additional clauses or provisions that are relevant to the exclusive listing agreement.
10
Finally, ensure both the property owner and the agent sign and date the exclusive listing definition to make it legally binding.

Who needs exclusive listing definition?

01
Exclusive listing definition is needed by property owners or landlords who want to engage a real estate agent exclusively to market and sell or lease their property.
02
Real estate agents or agencies also benefit from having a clear exclusive listing definition as it outlines the terms and conditions of their engagement with the property owner.
03
It helps establish a mutual understanding and formal agreement between the owner and the agent, ensuring both parties are clear on their roles, responsibilities, and obligations.
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Exclusive listing definition refers to a type of agreement between a seller and a real estate agent where the agent has the exclusive right to market and sell the property for a specified period of time.
The seller of the property is required to file the exclusive listing definition with their chosen real estate agent.
To fill out the exclusive listing definition, the seller must provide details about the property, the agreed-upon listing price, the agent's commission rate, and the duration of the exclusive listing agreement.
The purpose of exclusive listing definition is to establish the terms and conditions of the agreement between the seller and the real estate agent, ensuring a clear understanding of the rights and responsibilities of both parties.
The exclusive listing definition must include details about the property, listing price, commission rate, duration of the agreement, and any special terms or conditions.
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