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Agreement Number EXCLUSIVE SELLER REPRESENTATION AGREEMENT RESIDENTIAL CONDOMINIUM PROPERTY SCHEDULE (For Use in Common Law and Designated Agency Brokerages) 1. THE PROPERTY legally described as:
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How to fill out exclusive seller representation agreement:

01
Gather all necessary information: Start by collecting all relevant information, including the names and contact details of both the seller and the listing agent, as well as the property's address and description.
02
Determine the term of the agreement: Decide on the duration of the exclusive seller representation agreement. It could be a fixed period of time or until a specified event occurs, such as the sale of the property.
03
Set the listing price and commission: Determine the appropriate listing price for the property in consultation with the listing agent. Agree upon the commission percentage or amount that the agent will receive upon successful sale.
04
Outline the agent's responsibilities and authority: Clearly define the responsibilities and the scope of authority the listing agent will have during the agreement. This may include marketing the property, negotiating with potential buyers, and coordinating showings and open houses.
05
Specify listing specifics: Include detailed information about the property, such as its size, amenities, and any exclusions or inclusions. Provide accurate and compelling descriptions that will attract potential buyers.
06
Include contingencies and disclosure requirements: Outline any contingencies that need to be met before the agreement becomes binding. Also, ensure that all necessary disclosures are included as required by local laws and regulations.

Who needs exclusive seller representation agreement:

01
Homeowners looking to sell their property: Exclusive seller representation agreements are typically used by homeowners who want to entrust the sale of their property to a specific listing agent or brokerage.
02
Real estate agents and brokers: Agents and brokers may require exclusive seller representation agreements to secure the exclusive rights to list and sell a property. This ensures that they have the sole authority and responsibility for marketing and negotiating the sale.
03
Sellers who prefer a dedicated agent: Some sellers may choose an exclusive seller representation agreement to work with an agent who will focus exclusively on their property, providing personalized attention and specialized marketing strategies.
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An exclusive seller representation agreement is a contract between a seller and a real estate agent or broker that grants the agent exclusive rights to represent the seller in the sale of a property for a specified period.
The seller is required to enter into and sign the exclusive seller representation agreement, while the real estate agent or broker must also sign to acknowledge their acceptance of the agreement.
To fill out an exclusive seller representation agreement, both the seller and the agent need to provide essential details such as the property description, listing price, duration of the agreement, commission rate, and any specific terms or conditions that apply.
The purpose of the exclusive seller representation agreement is to establish a formal relationship between the seller and the agent, ensuring that the agent can adequately market the property and negotiate on behalf of the seller, while providing the seller protection and clarity regarding the terms of their collaboration.
The exclusive seller representation agreement must report information such as the seller's name and contact details, property address, listing price, agreement duration, commission structure, and any special instructions or contingencies agreed upon by both parties.
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