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This document is a formal agreement between the business owner and the listing broker, detailing the terms and conditions under which the broker will represent the business owner in selling the business. It outlines the responsibilities of both parties, commission structures, marketing rights, and obligations to comply with New York State law and MLS requirements.
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How to fill out listing agreement

How to fill out listing agreement
01
Start by entering the seller's name and contact information.
02
Specify the property address and legal description.
03
Include the listing price of the property.
04
Define the type of listing (exclusive right to sell, exclusive agency, etc.).
05
Outline the duration of the listing agreement.
06
Detail the commission rate for the real estate agent.
07
Provide terms regarding the marketing efforts for the property.
08
Include any additional conditions or clauses relevant to the listing.
09
Both the seller and agent should sign and date the agreement.
Who needs listing agreement?
01
Homeowners looking to sell their property.
02
Real estate agents and brokers seeking to represent sellers.
03
Investors wanting to sell investment properties.
04
Property owners wanting to establish a formal agreement with a real estate professional.
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What is listing agreement?
A listing agreement is a contract between a property owner and a real estate agent that grants the agent the authority to sell or lease the property.
Who is required to file listing agreement?
Property owners who wish to sell or lease their property are typically required to file a listing agreement with a licensed real estate agent.
How to fill out listing agreement?
To fill out a listing agreement, property owners should provide details such as property description, listing price, terms of sale, duration of the agreement, and any specific conditions or disclosures required.
What is the purpose of listing agreement?
The purpose of a listing agreement is to establish the relationship and responsibilities between the property owner and the real estate agent, outlining the terms under which the agent will work to sell or lease the property.
What information must be reported on listing agreement?
Information that must be reported on a listing agreement includes the property address, owner's contact information, listing price, property features, and any legal disclosures required.
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