TOP PRODUCING AGENTS

ARE YOU A REALTOR?

Do you already have a Brokers license, but are not a member of the Coldwell Banker Brown Realtors Team?

If you are reading our online magazine, you can already see how our creative approach attracts clients! We would love to discuss the other benefits Coldwell Banker Brown Realtors can offer if you join our team!

► No annual desk fees.

► Four commission plans so we can accommodate your desired income goals at various levels of production.

► Company provides extensive advertising campaign at no cost to you; no required ad fees.

► No technology fees.

► Signs, sign installer, and lockboxes at no cost to you.

► Company provides color copies, office supplies, postage, business cards and badge. Reduce your personal office and

► Non-competing managers whose full time job is to support you.

► Company supplies full time secretarial support staff; less time you will spend inputting and managing the clerical side of your business so you can spend more time finding new clients.

► Company pays for lead generation through top partners like zillow, realtor. com and trulia.com to attract client leads for our REALTORS. Less cost you have to pay for lead advertising out of your pocket.

What is a Listing Agreement?

You’re ready to sell your home. You found the perfect real estate agent, and you’re more prepared than ever to get your property on the market. But first, you’ll probably need to sign a listing agreement.

A listing agreement is a legally binding contract between the seller (you) and the real estate brokerage that helps you sell your home. It states that the seller is hiring the agent to handle their home sale and authorizes them to find a buyer. In exchange, the seller agrees to pay the agent a commission fee. Only sellers need to sign a listing agreement. But potential buyers may need to sign a buyer’s agency agreement before an agent will represent them.

Signing any contract can be nerve-wracking, but it doesn’t have to be as intimidating as it sounds. Here’s what you need to know.

What to expect in a listing agreement

A real estate listing agreement lays out a framework of duties and expectations between you and your agent. They’re used almost everywhere, from homes in Miami, FL to Vancouver, BC, and in countless markets in between.

The agreement usually includes several essential details about the upcoming sale. You’ll want to look them over carefully to make sure everything checks out.

The listing agreement will include things like:

•Contact information

•Listing price

•Agent fees

•Agent duties

•Property description

•Items included in the property sale

•Items that will be removed after closing

•Agreement duration

•Conflict resolution details

•Protection periods

•Type of agreement

Here’s what to expect from each one: Contact information

This can include names, phone numbers, addresses, and other information for the seller and real estate broker or agent. Which contact details are included depends on how the agreement is written.

Listing price

This is the sales price your home will be listed at. You and your agent will talk about the listing price ahead of time, so make sure it matches your earlier conversations.

Agent fees

Real estate agent fees usually come as a percentage of the home’s final sale price. Total commissions tend to hover around 6%, split evenly between the buyer’s and seller’s realtors. The seller usually pays both.

For example, if a property sells for $250,000 and the agreedupon commission is 6%, the seller would owe 3% to their agent