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MANDATORY FORM NONEXCLUSIVE BROKERAGE CONTRACTS ALE CHIEFLY RESIDENTIAL IMMOVABLE CONTAINING LESS THAN 5 DWELLINGS EXCLUDING OWNERSHIP NOTE This form must be used when a nonexclusive brokerage contract
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How to fill out non-exclusive brokerage contract

01
Begin by entering the date at the top of the contract form.
02
Include the names and contact information of both the brokerage firm and the client.
03
Specify the duration of the contract, including the start and end dates.
04
Detail the scope of services to be provided by the brokerage firm, such as marketing the property or representing the client in negotiations.
05
Include any commission fees or payment terms agreed upon by both parties.
06
Ensure there is a clause outlining the exclusivity of the contract, stating that the client can work with other brokers simultaneously.
07
Have both parties sign and date the contract to make it legally binding.

Who needs non-exclusive brokerage contract?

01
Property owners looking to sell or lease their property but want the flexibility to work with multiple brokers to find a suitable buyer or tenant.
02
Real estate agents or brokerage firms who want to represent a client without committing to an exclusive agreement.
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A non-exclusive brokerage contract is a contract between a party looking to sell or lease a property and a real estate agent, allowing the party to work with multiple agents at the same time.
The party looking to sell or lease a property is required to file the non-exclusive brokerage contract.
To fill out a non-exclusive brokerage contract, the party and the real estate agent must agree on the terms and conditions of the contract, including commission rates and duration.
The purpose of a non-exclusive brokerage contract is to give the party looking to sell or lease a property the flexibility to work with multiple agents and increase the chances of finding a buyer or tenant.
The non-exclusive brokerage contract must include information about the property, commission rates, duration of the contract, and the rights and responsibilities of both parties.
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