Get the free Exclusive Right to Sell Listing Agreement

This document is an Exclusive Right to Sell Listing Agreement for a vacant lot or land in Hickory, NC. It outlines the agreement between the sellers, Joel and Tina Bentley, and the listing firm, Coldwell Banker Boyd & Hassell, Inc., including the terms of listing, seller representations, firm’s duties, the listing price, duration of the agreement, and various disclosures pertinent to the sale of the property.

How to fill out exclusive right to sell

How to fill out exclusive right to sell

1. Begin with the title at the top of the document that states 'Exclusive Right to Sell.'
2. Fill in the names of the seller(s) and the broker with their contact information.
3. Specify the property address that is to be sold.
4. State the period during which the agreement is valid, including the start and end dates.
5. Detail the commission rate that the broker will receive upon the sale of the property.
6. Include the terms for listing the property on the Multiple Listing Service (MLS) if applicable.
7. Mention any additional services provided by the broker, such as marketing or staging.
8. Ensure that all parties sign and date the agreement to make it legally binding.

Who needs exclusive right to sell?

1. Anyone looking to sell their property, particularly if they want to ensure that a specific broker has the sole rights to market and sell the property.
2. Real estate agents and brokers who wish to formalize their relationship with sellers to secure exclusive listings.

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What is exclusive right to sell?

The exclusive right to sell is a legal agreement between a property owner and a real estate agent that grants the agent the sole authority to market and sell the property for a specified period.

Who is required to file exclusive right to sell?

The property owner, who wishes to sell their property through an agent, is required to enter into an exclusive right to sell agreement.

How to fill out exclusive right to sell?

To fill out an exclusive right to sell agreement, the property owner and the real estate agent should complete the form with details such as property information, listing price, commission rate, and duration of the agreement.

What is the purpose of exclusive right to sell?

The purpose of the exclusive right to sell is to provide a structure that incentivizes the agent to market the property effectively, as they are assured of a commission if the property sells during the term of the contract.

What information must be reported on exclusive right to sell?

The information that must be reported includes the names and contact information of the property owner and agent, property description, listing price, duration of the agreement, and any terms related to commission.