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Orec listing agreement

Oklahoma listing agreement 2025

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The document is an Exclusive Right to Sell Listing Agreement from the Oklahoma Real Estate Commission, outlining the terms and conditions under which a seller grants a licensed broker exclusive rights to sell their property. It details the responsibilities of both the seller and broker, including commission structures, disclosure requirements, and obligations related to property condition and marketing. The agreement emphasizes the legal binding nature of the contract and advises sellers to seek legal counsel if needed.

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Versions	Form popularity	Fillable & printable
2016	4.8 Satisfied (140 Votes)
2015	4.3 Satisfied (139 Votes)

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What must a listing agreement contain?

Elements to include in a listing agreement. Names, addresses, and contact information for both the owner and the agent. The period in which the property will be listed for sale. The listing price of the property. The type of listing agreement being entered into.

Can you write your own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

Can I write my own purchase offer?

If the buyer is not working with a real estate agent and does not have representation, the offer would come directly from the buyer. Represented buyers can also write their own offer letter and have their agent submit it for them.

How much earnest money is required in Oklahoma?

If parties are not personal acquaintances, which is the vast majority of transactions, the general practice is to use anywhere from 1 3% of the total purchase price; 1% is an extremely common earnest money amount in Oklahoma residential transactions.

What is the purpose of an Oklahoma buyers brokerage agreement?

Buyer-Broker Agreement: A legally binding contract that ensures your real estate agent is fully committed to representing your best interests. Transparency Protection: The agreement outlines responsibilities, clarifies expectations, compensation, and ensures your agent works in your best interest.

oklahoma real estate listing agreement

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What makes a purchase agreement legal?

Put simply, a purchase agreement is a contract. This means that once it is signed, the language is fixed and is legally binding for the buyer and seller.

Can I legally make my own contract?

Yes, any adults can write legally binding contracts, although minors cannot except in certain circumstances. However, oral contracts are binding, but it is better to get it in writing so you have proof of the contract. In fact, you can even enter into a contract by your actions without saying anything.

Oklahoma listing agreement 2025

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See more oklahoma listing agreement versions

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Got questions?

What must a listing agreement contain?

Can you write your own purchase agreement?

Can I write my own purchase offer?

How much earnest money is required in Oklahoma?

What is the purpose of an Oklahoma buyers brokerage agreement?

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What makes a purchase agreement legal?

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