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Get the free Exclusive Seller Agency - Model Policy

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This guide provides essential information on agency relationships in Ohio real estate, detailing seller and buyer representation, dual agency, and fair housing laws. Understand your rights and obligations.
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How to fill out exclusive seller agency

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How to fill out exclusive seller agency

01
Obtain the exclusive seller agency agreement form from a licensed real estate office or online resource.
02
Fill in the date at the top of the form.
03
Input the seller’s full legal name(s) and contact information.
04
Specify the property address where the exclusive seller agency will apply.
05
Clearly define the duration of the agreement (start and end dates).
06
Outline the terms of the commission, including the percentage that will be paid to the agent upon successful sale.
07
Identify any specific listing price or range that should be included in the agreement.
08
Review terms regarding the agent’s marketing responsibilities and any required disclosures from the seller.
09
Ensure both the seller and the agent sign and date the form to make the agreement legally binding.

Who needs exclusive seller agency?

01
Sellers who want to ensure their property is marketed effectively by one dedicated agent.
02
Those looking for a more comprehensive and personalized service during the selling process.
03
Individuals seeking to avoid potential conflicts that may arise from multiple agents representing the same property.
04
Homeowners aiming for a structured selling process with specific terms and expectations outlined.
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Exclusive seller agency is an arrangement where a seller appoints a specific agent to represent them exclusively in the sale of their property, preventing other agents from representing the seller in that transaction.
Typically, sellers who want to formalize their agreement with a real estate agent for the sale of their property need to file an exclusive seller agency.
To fill out an exclusive seller agency, the seller must provide details such as property information, the agent's information, the duration of the agreement, and signature approvals of both parties.
The purpose of exclusive seller agency is to ensure that the agent has the sole right to represent and sell the property, providing them with a commitment to promote and facilitate the sale effectively.
The exclusive seller agency must report information such as the seller's name, property address, agent's name, commission rate, duration of the agreement, and any specific terms related to the sale.
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