The case for “seller representation agreement” to replace “listing” in real estate law
The title “Listing Agreement” is archaic compared to “Representation Agreement.”
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Tag: listing agreement
Form-of-the-Week: Loan Broker Listing Agreement, and Disclosure of Mortgage Loan Broker Fees — Forms 104 and 119-1
Listing agreement as an employment contract A listing agreement is an employment contract entered...
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Risk management practices by the sellers agent in a declining market
In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.
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Form-of-the-Week: Exclusive Authorization to Lease Property and Locate Space — Forms 110 and 111
A leasing agent uses RPI Forms 110 and 111 to establish the employment between a landlord or tenant and enforce fee collection upon the fulfillment of the client’s objectives.
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Brokerage Reminder: Bone up on property profiles
A weekly reminder to stay on top of your practice!
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Types of Listing Agreements
Variations of listing agreements which relate to the extent of a broker’s representation, type of services performed and events triggering payment of a fee
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Employed to Act as an Agent
The separate employment relationship and agency relationship created under a listing agreement.
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Authority to Act on the Client’s Behalf
Introducing the listing agreement as a written employment contract between a client and a licensed real estate broker.
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Form-of-the-Week: Demand for payment of a fee – Forms 123 and 123-1
Want to know more about safety clauses in listing agreements? Forms 123 and 123-1 help agents and brokers initiate collection of an earned fee.
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Form-of-the-Week: The listing employment report and file activity sheet – Forms 520 and 522
Maintaining the client file for oversight and business development An agent employed by a broker...
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Brokerage Reminder: Get paid by your buyer, not played
This week’s Brokerage Reminder breaks down the importance of the Buyer’s Listing Agreement and always getting everything stated in writing.
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Form of the week: Marketing Package Cost Sheet and Authorization to Provide Services — Forms 107 and 133
For the most efficient delivery of property information to prospective buyers, the seller’s agent gathers data on the property and organizes it into a marketing package.
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Brokerage Reminder: The seller’s broker’s due diligence
Brush up on the due diligence obligations a seller’s agent owes to their seller.
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