Sentences with phrase «exclusive listing contract»

I signed a 30 - day exclusive listing contract with a real estate agent friend.
In uber - competitive New York City, start - up brokerage Compass is looking to disrupt the current practice of exclusive listing contracts by including a «key - person clause» that allows agents to take their listings with them if they leave.

Not exact matches

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How clearing is handled is particularly sensitive because the Russell 2000 contracts will stop trading on the CME on Thursday to become an exclusive listing on the IntercontinentalExchange Inc.'s New York Board of Trade subsidiary.
Exclusive Right - to - Sell Contract A listing contract in which the seller gives the real estate broker the sole right to sell; the person receives a commission, regardless of who produces thContract A listing contract in which the seller gives the real estate broker the sole right to sell; the person receives a commission, regardless of who produces thcontract in which the seller gives the real estate broker the sole right to sell; the person receives a commission, regardless of who produces the buyer.
REALTOR ® B conceded that he had known of REALTOR ® A's exclusive listing at the time the listing contract was current; that he had known the term of the listing contract and, hence, knew when it expired; and that he had shown the property to the individual who eventually purchased it.
REALTOR ® C called again on Client A, and obtained his assurance that he would sign an exclusive listing of the property upon expiration of the listing contract.
«Once I learned that REALTOR ® B had listed the Q's property, I ended our telephone conversation as quickly and as politely as I could,» concluded REALTOR ® P, «I certainly was not trying to interfere in REALTOR ® B's exclusive contract with the Qs.»
The panel's decision advised that REALTOR ® C's original contact with Client A, made at a time when he had no knowledge of REALTOR ® B's exclusive listing, was not in itself unethical, but that as soon as he learned of REALTOR ® B's status as the client's exclusive agent, he should have taken an attitude of respect for the agency of another REALTOR ®, and refrained from any effort to get the listing until after the expiration date of the original contract.
The next 18 years saw each and every Buyer Client who entered a BAA with my brokerage using me as their exclusive designated agent (my contracts included this exclusivity and out for the buyer should I ever had been forced to change brokerages) had 2.5 % plus GST listed in the remuneration portion of that contract.
Exclusive Right to Sell With this contract, the seller can not list the property with any other agent and must pay the agent's commission even if someone else finds a buyer.
First, exclusive buyer agency agreements are contracts that are enforceable in a court just as listing agreements are enforceable against sellers.
Dana Cryder inherited half of a 320 - acre farm and listed his share with a broker on a three - month exclusive contract.
It is certainly true that members of the public and real estate licensees may contractually establish a relationship that is not an agency relationship; however, the extensive research conducted by Professor William Foster on behalf of the ATF confirmed that the courts view the relationship currently established by listing contracts and exclusive buyer agency contracts across Canada (except in the province of Quebec where the common law does not apply) to be an agency relationship.
In the case, which is now being appealed to the New Jersey Supreme Court, the agent and the seller entered into an exclusive right - to - sell listing contract.
The nature of a typical written listing agreement is that it is an: exclusive marketing contract that is to be managed by the listing brokerage.
The listing contract is specifically designed to appeal to other Realtors to show the listed property in the hope of securing more showings than if the property was just listed as an exclusive listing, thus reducing the number of potential buyers viewing said listing.
The «standard form» Exclusive Buyer's Agency Contract available through real estate boards states in clause 4B that «Prior to the Buyer making an offer to purchase a property, the Buyer's Brokerage will advise the Buyer of the total amount of remuneration offered by the seller and the listing brokerage to be paid to the Buyer's Brokerage for assisting in obtaining a buyer for that property.»
Balfour v. Passarelli (245 A.D. 2d 720)-- during period of exclusive right to sell listing agreement with owner of building lots, broker procured memoranda agreement from three buyers wherein the buyers and owner agreed to execute a construction contract at a later date beyond the expiration of the listing agreement; upon buyers» fulfillment of their obligations to enter into subsequent construction contracts, broker was entitled to her commissions.
to appeal den., 95 N.Y. 2d 755)- broker entitled to commission where broker entered into an exclusive right to sell agreement with seller that provided for a two month protection period where broker would be entitled to a commission if it showed the house to the prospective buyers who signed a contract of sale within the two month period; undisputed that sellers entered into a contract of sale within the protection period and broker establishes that it showed the house during the term of the listing by affidavits from two of its agents which were confirmed by records maintained by the listing broker showing that those two agents had signed out the key to the house on the dates in question
79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained
Under this «fixed fee type» of «Exclusive Agency» listing contract there would be no additional «commission» ever paid to the Listing Realtor, neither in the event of a sale by another «Buyers Agent Realtor» nor a FSBO sale by the property owner.
The contract you sign allows your listing agent exclusive rights to try to sell your property for the period of time outlined in the legal paperwork — typically six months to a year, says Beth Bernitt, a real estate agent with Century 21 Country Realty in Monticello, NY.
It's part of our fiduciary responsibility and our obligations under our «Exclusive Right To Sell» contract, that we get our owner's home listed on as many search engines as we can.
Construction: Brick Front, Cooling Source: Electric, Cooling Type: Ceiling Fan, Cooling Type: Central, Cooling Type: Heat Pump, Energy Related: Water Heater - electric, Kitchen Equipment: Dishwasher, Kitchen Equipment: Oven, ES Bus: Yes, Patio, Fireplace Location: Family Room, Fireplace Type: Factory Built, Heating Source: Electric, Heating Type: Central, Heating Type: Heat Pump, HS Bus: Yes, Cable TV Connections, Ceilings 9 Ft Plus, Hardwood Floors, Pulldown Attic Stairs, Wall - to - wall Carpet, Whirlpool Bath, Walk - in Closet, Kitchen: Breakfast Bar, Kitchen: Solid Surface Counters, List Type: Exclusive Right To Sell, Lot Size: 2 - 1 Acre, Market Code: Off Market, MS Bus: Yes, Photo Available: YES, Ownership: Fee Simple, Possible Financing: Cash, Possible Financing: Conventional, Possible Financing: FHA, Photo: Broker Will Provide Photo, Parking: 2 Car, Parking: Kitchen Level Entry, Roof Type: Composition, State: GA, Share Address with Public Websites: Yes, Include in Auto - Valuation Models: Yes, Allow additional comments: Yes, Share with Public Websites: Yes, Water: Public Water, Water: Septic Tank, Basement: Bath Finished, Basement: Daylight, Basement: Entrance - Outside, Basement: Finished Rooms, Basement: Full, Energy Related: Programmable Thermostat, Energy Related: Insulation - ceiling, Energy Related: Insulation - floor, Equipment: Fire, Kitchen Equipment: Microwave - Built In, Sprinkler System, Amenities: Neighborhood Association, Porch, Cable In Street, Double Vanity, Garden Tub, Energy Related: Thermo, Separate Shower, Kitchen Equipment: Icemaker Line, Kitchen: Breakfast Area, Fees Include: Grounds Maintenance, Lot Description: Wooded, Lot Description: Private Backyard, Date Of Possession: Negotiable, Ceilings - Trey, Parking: Garage, Foyer - Entrance, Kitchen: Pantry, Rooms: DR - Separate, Rooms: Family Room, Rooms: In - law Suite or Apartment, Rooms: Office, Laundry Type: Room, Possible Financing: VA, Showing Instructions: Appt Agent, Basement: Entrance - Inside, Kitchen Equipment: Refrigerator, Foyer - 2 Story, Parking: Attached, Parking: Auto Garage Door, Parking: Storage, Acreage Source: Public Record, Rooms: Dining Room Seats 12 +, Energy Related: Certified Good Cents, Attic Expandable, Construction: Concrete Siding, Laundry Location: Other (See Remarks), Tile Floors, Screen Porch, Status: Under Contract, Cooling Type: Dual, Heating Type: Dual, source: RETS, Virtual Tour Available: Yes, Tile Bath, SQFT Source: Sq Ft Not Entered, Style: Craftsman, Area: DOUG, County: Douglas, Kitchen: Second Kitchen, Stories: Multi - Level, Equipment: Alarm - Carbon Monoxide, Kitchen Equipment: Convection Oven, Special Conditions: Agent Related to Seller, Elementary School: GA, High School: GA, Middle School: GA, Elementary School: Douglas County, High School: Douglas County, Middle School: Douglas County
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