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Exclusive Agency and Retainer AgreementDate Month Year This Agreement dated the ___ day of ___, 20___, is made and entered into by and between: AKA Mortgages Inc. having its place of business at 120

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How to fill out exclusive agency and retainer

01

To fill out exclusive agency and retainer, follow these steps:

02

Start by entering the date at the top of the form.

03

Fill in the names and contact information for both the client and the agent in the designated sections.

04

Specify the duration of the exclusive agency agreement and the terms of the retainer, including the amount of the retainer fee.

05

Outline the responsibilities and obligations of both the client and the agent during the term of the agreement.

06

Include any additional terms or conditions that both parties agree upon.

07

Review the entire form for accuracy and completeness before signing and dating it.

08

Both the client and the agent should sign and date the form to indicate their agreement and understanding.

09

Make copies of the completed form for all parties involved.

10

Retain a copy of the form for your records.

Who needs exclusive agency and retainer?

01

Exclusive agency and retainer agreements are typically utilized in real estate transactions.

02

The client who wants to engage the services of a specific real estate agent exclusively may need an exclusive agency agreement.

03

This type of agreement ensures that the agent will have the sole right to represent the client in finding a property or selling a property.

04

The agent benefits from this agreement by having the assurance that they will be compensated for their services, typically through a retainer fee.

05

The retainer fee is paid upfront by the client and serves as a commitment to work exclusively with the agent for a specific duration.

06

Overall, exclusive agency and retainer agreements provide a clear understanding and commitment between the client and the agent in real estate transactions.

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What is exclusive agency and retainer?

Exclusive agency and retainer is a contractual agreement between a client and a real estate agent where the agent is given exclusive rights to represent the client in buying or selling a property for a specific period of time.

Who is required to file exclusive agency and retainer?

Both the client and the real estate agent are required to sign and file the exclusive agency and retainer agreement.

How to fill out exclusive agency and retainer?

The exclusive agency and retainer agreement must be filled out with the details of the client, the property, the services to be provided by the agent, and the agreed-upon terms and conditions.

What is the purpose of exclusive agency and retainer?

The purpose of exclusive agency and retainer is to establish a formal agreement between the client and the real estate agent, outlining the scope of services and ensuring that the agent has exclusive rights to represent the client.

What information must be reported on exclusive agency and retainer?

The exclusive agency and retainer agreement must include the names of the parties involved, the property address, the duration of the agreement, the commission structure, and any other relevant terms.

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