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BUSINESS OPEN LISTING AGREEMENT Busines Type ___ Business Name ___ Doing Business As ___ Busines Owner ___ Property Address ___ Asking Price ___ Sale Commission ___ I am the business owner of the
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How to fill out business open listing agreement

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How to fill out business open listing agreement

01
Start by entering the date at the top of the agreement.
02
Fill in the names and addresses of both the seller and the real estate broker.
03
Clearly define the property that is being listed for sale, including its address and any relevant details.
04
Specify the listing price that the seller is asking for the property.
05
Indicate the duration of the agreement, including the start and end dates.
06
Include any terms regarding commission fees that the broker will receive upon the sale.
07
Detail any specific conditions or obligations that the seller or broker must adhere to during the listing period.
08
Ensure both parties sign and date the agreement to make it legally binding.

Who needs business open listing agreement?

01
Business owners looking to sell their property.
02
Real estate brokers representing sellers.
03
Investors interested in purchasing properties through an agent.
04
Any party involved in the sale of commercial real estate.
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A business open listing agreement is a non-exclusive agreement between a property owner and a real estate agent that allows the agent to market the property for sale while the owner retains the right to sell the property independently or through other agents.
Generally, the property owner or seller is required to file a business open listing agreement if they wish to enlist the services of a real estate agent to market and sell their property.
To fill out a business open listing agreement, the property owner should provide details such as the property address, description, listing price, terms of the agreement, and the name and contact information of the real estate agent.
The purpose of a business open listing agreement is to outline the terms and conditions under which a real estate agent can market a property for sale, while also allowing the owner greater flexibility to sell the property themselves or through other means.
Information that must be reported on a business open listing agreement includes the property address, the owner's name and contact information, agent details, listing price, duration of the agreement, commission structure, and any specific terms or conditions.
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