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Get the free Exclusive Right-to-Sell Listing Contract. Colorado Real Estate Commission-approved form

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1 2 3 4 5 The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (LC50-8-13) (Mandatory 1-14) THIS IS A BINDING CONTRACT. THIS
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How to fill out exclusive right-to-sell listing contract

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How to fill out exclusive right-to-sell listing contract:

01
Read the contract carefully and understand its terms and conditions.
02
Fill in the necessary information such as the name and contact details of the seller and the listing agent.
03
Specify the property details including its address, legal description, and any unique features.
04
Include the listing price and any desired terms or conditions, such as financing options or contingencies.
05
Determine the duration of the listing agreement, including the start and end dates.
06
Outline the agent's responsibilities and obligations, as well as any additional services they will provide.
07
Review and understand the commission rates and payment terms.
08
Sign and date the contract, and ensure that all parties involved also sign the document.

Who needs exclusive right-to-sell listing contract:

01
Homeowners who want to sell their property and are seeking the assistance of a real estate agent.
02
Real estate agents who are representing sellers and want to secure their right to earn a commission upon the successful sale of the property.
03
Any party involved in a real estate transaction, such as buyers or lenders, who may need to reference the terms and conditions of the listing agreement.
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People Also Ask about

Under which circumstance is it NOT necessary to use a Colorado Real Estate Commission-approved form? Builders use contracts prepared by their own attorneys.
Exclusive Right-to-Sell Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker, regardless of whether the property is sold through the efforts of the
An exclusive right to sell listing contract provides the most protection for the broker. This contract engages the broker and guarantees a commission regardless of whether the seller or the broker initially found the buyer. It specifically is stated in the contract that the Broker and Seller will split the funds.
Any broker who is acting as an agent may not write a prepared addendum for the Commission approved Contract to Buy and Sell.
With exclusive right to sell, the broker has the exclusive right to market the property and receive a commission regardless of who procures the buyer. With exclusive agency, the owner retains the right to find a buyer and sell the property and owe the exclusive broker no commission.
Exclusive Right-to-Sell Listing: A contractual agreement under which the listing broker acts as the agent or as the legally recognized non-agency representative of the seller(s), and the seller(s) agrees to pay a commission to the listing broker, regardless of whether the property is sold through the efforts of the
An exclusive right to sell listing agreement will usually include a term length for the duration of the contract, termination rights in the event either party wants to end the contract early, terms for the agent's compensation, and a detailed description of the property being sold.

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An exclusive right-to-sell listing contract is a legal agreement between a property owner and a real estate agent, granting the agent the exclusive right to represent the owner in selling the property.
The property owner is responsible for filing the exclusive right-to-sell listing contract with the chosen real estate agent.
To fill out the exclusive right-to-sell listing contract, the property owner must provide details such as the property address, sale price, commission rate, listing duration, and any specific terms agreed upon with the agent.
The purpose of the exclusive right-to-sell listing contract is to ensure that the real estate agent has the sole authority to market and sell the property, thus securing their commission regardless of who finds the buyer.
The exclusive right-to-sell listing contract must report information such as the property description, listing price, agent commission, listing period, and any inclusion or exclusion of personal property.
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