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EXCLUSIVE SALE AND LISTING AGREEMENT ADDENDUM Revised 8/16/2024This amends the Exclusive Sale and Listing Agreement (Agreement) dated ___, between ___ (Seller) and ___ (the Listing Firm), concerning
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Exclusive sale and listing refers to a real estate arrangement where a property is listed for sale with a single agent or broker, allowing them exclusive rights to market and sell the property for a specified period.
Property owners who wish to sell their property through a real estate agent or broker are required to file an exclusive sale and listing agreement.
To fill out an exclusive sale and listing agreement, include property details, the name of the agent or broker, the listing price, the duration of the agreement, and any specific terms or conditions related to the sale.
The purpose of exclusive sale and listing is to create a formal agreement between the property owner and the broker, ensuring that the broker has the sole right to sell the property, which can lead to more effective marketing and sales efforts.
Information that must be reported includes the property address, owner's information, listing price, duration of the listing, agent's contact information, and any terms regarding commissions or fees.
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