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Listing Agreements and Buyer Representation. Listing Agreements What is a listing agreement? What are the three types of listing agreements and how are.

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Presentation on theme: "Listing Agreements and Buyer Representation. Listing Agreements What is a listing agreement? What are the three types of listing agreements and how are."— Presentation transcript:

1 Listing Agreements and Buyer Representation

2 Listing Agreements What is a listing agreement? What are the three types of listing agreements and how are they different? exclusive-right-to-sell exclusive agency open listing Net listings Option listing be very careful! What is a listing agreement? What are the three types of listing agreements and how are they different? exclusive-right-to-sell exclusive agency open listing Net listings Option listing be very careful!

3 Termination of Listings Basically the same as termination of agency we already reviewed. see the book Expiration of listing period every contract must stipulate a specific expiration date. Basically the same as termination of agency we already reviewed. see the book Expiration of listing period every contract must stipulate a specific expiration date.

4 The Listing Process Pricing the property common mistakes? What is a CMA? What is market value? Information needed for a listing agreement? Disclosures – usually agency disclosures see handouts Pricing the property common mistakes? What is a CMA? What is market value? Information needed for a listing agreement? Disclosures – usually agency disclosures see handouts

5 The Listing Contract Form See the sample in the book and also look over your handout. What’s covered?

6 Buyer Agency Agreements Three Types exclusive buyer agency agreement exclusive agency buyer agency agreement open buyer agency agreement Remember – “the source of the compensation does not determine agency” How do you act differently as a buyer agent? Which is more risky – buyer or seller agency? Three Types exclusive buyer agency agreement exclusive agency buyer agency agreement open buyer agency agreement Remember – “the source of the compensation does not determine agency” How do you act differently as a buyer agent? Which is more risky – buyer or seller agency?


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