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This document is a formal agreement between the Owner and Broker that grants the Broker the exclusive right to sell or rent the designated property. It outlines the terms of the listing, including the compensation structure, rights and obligations, and compliance with housing laws. The contract specifies the responsibilities of both parties and includes provisions regarding fixtures, personal property, and disclosures related to the property\'s condition.
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How to fill out residential listing contract

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How to fill out residential listing contract

01
Start with the date at the top of the document.
02
Fill in the names and contact information of all parties involved (the seller and the listing agent).
03
Provide the physical address of the property being listed.
04
Specify the listing price, detailing any pricing strategies if applicable.
05
Indicate the duration of the contract, including start and end dates.
06
Outline the commission percentage or fee that will be paid to the listing agent upon sale.
07
Include any additional terms and conditions agreed upon by both parties.
08
Sign and date the document to finalize the agreement.

Who needs residential listing contract?

01
Homeowners looking to sell their property.
02
Real estate agents representing sellers in the market.
03
Investors planning to sell residential properties.
04
Real estate companies managing multiple listings.
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A residential listing contract is a formal agreement between a property owner and a real estate agent where the agent is authorized to represent the owner in the sale of their residential property.
The property owner and the real estate agent representing the owner are required to file the residential listing contract.
To fill out a residential listing contract, provide the property details, owner information, agent details, listing terms, pricing, and signature from both the owner and the agent.
The purpose of the residential listing contract is to outline the terms of the relationship between the property owner and the real estate agent, including listing price, duration, and responsibilities.
Key information that must be reported includes the property's address, owner's contact information, listing price, commission rate, duration of the listing, and any specific terms or conditions.
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