Our real estate agency agreement template allows both sellers and real estate agents to quickly and safely enter into an agreement that sets out the terms for the relationship between both parties.
What to Know Before Using our Real Estate Agency Agreement Template
For property owners, hiring a real estate professional can be the most important decision you make when selling your home. These agent’s expertise will help you to make your property more attractive to buyers. Furthermore, they will be especially handy when negotiating the price of your home.
There are other benefits that come with creating a real estate agency agreement. The property owners will have someone with experience who must keep their best interests in mind. This allows sellers to avoid potentially receiving hurtful advice when looking to sell their property. Furthermore, this agreement also gives legal protections to sellers who may have received bad guidance from a real estate agent.
Realtors also commonly require prospective clients to sign this document for two key reasons:
- This agreement gives agents exclusive rights to sell a property. Thus, financially protected from clients who may enter or already have a contractual relationship with another agency or broker.
- Secondly, a real estate agency agreement will lay out the terms of service for each party, and most importantly defines what commission a broker or agency will receive upon the sale of their property. This provision helps to mitigate potential conflict between both parties as they agree upon the rate before the agreement is entered into.
Overall, a real estate agency agreement is a great way for sellers and real estate agencies to enter into an agreement with crucial legal protections.
Use our real estate agency agreement template to sell your real property faster and for more money today.