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This document is an engagement agreement that establishes a formal relationship between the seller and the broker for the exclusive representation of the seller in the listing and sale of real property. It outlines key terms and conditions including property identification, list price, commission structure, marketing obligations, and the responsibilities of both parties.
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How to fill out exclusive seller brokerage engagement

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How to fill out exclusive seller brokerage engagement

01
Begin by entering the date of the agreement at the top of the document.
02
Clearly state the full names and contact information of both the seller and the brokerage.
03
Specify the property address that is being listed for sale.
04
Indicate the term of the agreement, specifying the start and end date of the exclusivity.
05
Detail the commission rate or fee structure that will be payable to the brokerage upon successful sale.
06
Outline the broker's duties, including marketing, showing the property, and negotiating offers.
07
Include clauses that address any potential conflicts of interest and how they will be managed.
08
State any exceptions or exclusions that may apply to the agreement.
09
Sign and date the document at the bottom, ensuring both parties retain a copy.

Who needs exclusive seller brokerage engagement?

01
Sellers who want to ensure dedicated representation and marketing for their property.
02
Property owners looking for focused support from a broker to sell their home successfully.
03
Individuals who are not familiar with the selling process and need professional guidance.
04
Anyone wanting to establish a clear agreement on commission and marketing efforts with their real estate agent.
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Exclusive seller brokerage engagement is a contractual agreement between a seller of real estate and a broker that grants the broker exclusive rights to represent the seller in the sale of the property.
Typically, the seller of the property is required to file the exclusive seller brokerage engagement to formally establish the relationship with the brokerage.
To fill out an exclusive seller brokerage engagement, the seller needs to provide property details, the terms of the agreement, including the duration of the engagement, commission rates, and signatures from both the seller and the broker.
The purpose of exclusive seller brokerage engagement is to provide a clear framework for the sale of the property, ensure that the broker has the authority to act on behalf of the seller, and outline the terms and compensation for the broker's services.
The information that must be reported includes the seller's and broker's contact details, property description, listing price, commission structure, and any specific terms or conditions of the engagement.
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