Get the free Exclusive right to sell listing contract - Columbus Board of Realtors
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PLEASE BE CERTAIN TO COMPLETE BOTH THE RESIDENTIAL WORK SHEET AND LISTING CONTRACT SHADED AREAS MUST BE COMPLETED IF MLS IS TO PROCESS THIS EXCLUSIVE RIGHT TO SELL LISTING CONTRACT FOR YOU, PLEASE
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How to fill out exclusive right to sell
To fill out an exclusive right to sell, follow these steps:
01
Start by entering the date at the top of the form.
02
Provide your full legal name and contact information in the designated fields.
03
Include the name and contact information of the real estate agent or agency you are granting the exclusive right to sell to.
04
Specify the property address and legal description accurately.
05
Indicate the duration of the exclusive right to sell agreement, including the start and end dates.
06
Outline the terms and conditions of the agreement, such as the agent's commission rate and any additional fees.
07
Clarify any specific marketing or advertising strategies that you expect the agent to undertake.
08
Provide any disclosures or representations about the property that may be necessary.
09
Sign and date the document, and ensure that all parties involved do the same.
The exclusive right to sell is typically needed by individuals or entities who want to sell a property through a real estate agent. This agreement gives the chosen agent the sole authority and responsibility to market and sell the property within the specified time frame. It is commonly used by homeowners, property developers, or investors who require professional assistance in selling their real estate assets. By granting exclusive rights to a competent agent, sellers can benefit from their expertise, network, and marketing efforts in attracting potential buyers and securing a successful sale.
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What is exclusive right to sell?
Exclusive right to sell is a type of agreement where a real estate agent has the exclusive right to represent the seller in the sale of a property, and is entitled to a commission if the property is sold during the term of the agreement.
Who is required to file exclusive right to sell?
The seller of the property is required to file an exclusive right to sell agreement with a real estate agent.
How to fill out exclusive right to sell?
To fill out an exclusive right to sell agreement, the seller and the real estate agent must agree on the terms of the agreement, including the commission rate, the duration of the agreement, and any other relevant details.
What is the purpose of exclusive right to sell?
The purpose of an exclusive right to sell agreement is to give the real estate agent the exclusive right to represent the seller in the sale of the property, and to ensure that the agent is compensated for their services.
What information must be reported on exclusive right to sell?
The exclusive right to sell agreement must include the names of the seller and the real estate agent, the address of the property, the commission rate, the duration of the agreement, and any other relevant details.
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