Get the free Seller Representation Agreement

This document is an exclusive representation agreement between a seller and a broker for the sale, lease, or exchange of property. It outlines the terms of agreement, including the property details, duration, pricing, financing options, brokerage fees, and various disclosures that the seller must adhere to. The agreement also discusses the responsibilities of the broker, the seller\'s rights, and provisions for additional fees, included and excluded items, as well as non-discrimination clauses.

How to fill out seller representation agreement

How to fill out seller representation agreement

1. Begin with the title of the document: 'Seller Representation Agreement'.
2. Fill in the date of the agreement.
3. Enter the names and contact information of the seller(s).
4. Provide the name and contact details of the real estate agent or brokerage.
5. Specify the property address or description.
6. Define the scope of the agent's services (e.g., marketing, negotiating).
7. Set the duration of the agreement (start and end dates).
8. State the commission rate or fees payable to the agent upon a successful sale.
9. Include any specific disclosures or terms as required by local laws.
10. Have both parties sign and date the agreement.

Who needs seller representation agreement?

1. Homeowners looking to sell their property.
2. Real estate agents seeking formal representation agreements.
3. Investors wanting to sell investment properties.
4. Individuals who require professional assistance in navigating the selling process.

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What is seller representation agreement?

A seller representation agreement is a contract between a seller and a real estate agent that grants the agent the exclusive right to represent the seller in the sale of their property.

Who is required to file seller representation agreement?

Typically, sellers who wish to enlist the services of a real estate agent to sell their property are required to file a seller representation agreement.

How to fill out seller representation agreement?

To fill out a seller representation agreement, a seller should provide their personal information, property details, and terms of the agreement, including the duration and the commission rate for the agent.

What is the purpose of seller representation agreement?

The purpose of a seller representation agreement is to formalize the relationship between the seller and the agent, outlining the responsibilities of both parties and ensuring the seller's property is marketed effectively.

What information must be reported on seller representation agreement?

The seller representation agreement must include the seller's information, property details, the listing price, duration of the agreement, and details regarding the agent's commission.