Real Estate Contracts
Listing Agreements
Buyer Agency Agreements
Buyer Agency Agreements
Listing agreements are written contracts between the seller and the broker. In this contract the seller is agreeing to compensate the broker for their services by commission. Most agents get 6% commission from a listing. 3% goes to the selling agent and 3% goes to the buying agent. This contract is agreeing to the broker that out of the a
Listing agreements are written contracts between the seller and the broker. In this contract the seller is agreeing to compensate the broker for their services by commission. Most agents get 6% commission from a listing. 3% goes to the selling agent and 3% goes to the buying agent. This contract is agreeing to the broker that out of the agents 3% commission, the broker will get a certain percent of that. This type of contract is specific to a certain property.
Buyer Agency Agreements
Buyer Agency Agreements
Buyer Agency Agreements
Buyer Agency Agreements are between the broker and the prospective buyer. This type of contract is comparable to a listing agreement however it does not relate to a specific property. This type of contract includes aspects of what exactly the buyer is looking for such as certain desired characteristics of a property and price range. It al
Buyer Agency Agreements are between the broker and the prospective buyer. This type of contract is comparable to a listing agreement however it does not relate to a specific property. This type of contract includes aspects of what exactly the buyer is looking for such as certain desired characteristics of a property and price range. It also explains the brokers duties to finding a property that meets the expectations of the buyers.
Purchase Agreements
Buyer Agency Agreements
Purchase Agreements
A purchase agreement is a contract between the buyer and the seller. In this contract, the buyer is making an offer to purchase and the seller has the power to accept the offer and form a legally binding contract. A legally binding contract is between two and it outlines the specific rules, steps, and restrictions for the purchase.
Land Contracts
Buyer Agency Agreements
Purchase Agreements
A land contract is between the buyer and seller. In this contract the buyer is agreeing to pay the seller the purchase price in installments over a period of time. With the signed agreement to pay the vendor ( the seller) the purchase price over time, the vendee (the buyer) takes immediate possession of the land.