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Seller compensation addendum arizona

Unrepresented Seller Compensation Agreement 2/07 - Arizona ... 2025

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The document is a Compensation Agreement between a Seller and a Broker, outlining the terms under which the Seller agrees to compensate the Broker for representing a Buyer interested in purchasing the Seller's property. It specifies that the Broker acts solely as the Buyer's agent, not representing the Seller, and includes provisions for mediation of disputes.

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Click ‘Get Form’ to open the Unrepresented Seller Compensation Agreement in the editor.
Begin by entering the Seller's name in the designated field, ensuring accurate representation of the party involved.
Next, input the Broker's name in the corresponding section to establish who will be representing the Buyer.
Fill in the commencement and expiration dates of this agreement, making sure they are clearly stated for legal clarity.
Specify the property details by entering its common name and address in the provided fields.
Indicate the compensation terms by filling out either a percentage of the sales price or a fixed dollar amount as agreed upon.
Review all entered information for accuracy before finalizing your document. Utilize our platform’s editing tools for any necessary adjustments.

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What is the unrepresented buyer clause?

Buyer acknowledges that by deciding to remain unrepresented, Buyer (and Buyers attorney, if applicable) will be solely responsible for reviewing and understanding all contracts and documents pertaining to the Property or any other transaction.

What does it mean to be an unrepresented buyer or seller?

These unrepresented buyers are touring homes, researching markets, negotiating with potential sellers and seller agents, and initiating offers without an agent or a brokerage acting on their behalf.

Which type of listing agreement allows the seller to avoid paying a commission if they find the buyer themselves?

Exclusive Agency Listing Agreement This agreement is similar to an exclusive right to sell listing, but with one major differenceyou dont have to pay a commission if you find the buyer yourself. The broker only gets paid if they or another agent under them sell the property.

Can a seller back out of a real estate contract in Arizona?

Yes, a seller can back out of a real estate contract in Arizona. However, their exit must be tied to agreed-upon conditions such as property inspections, financing, and appraisal.

Can a listing agent show an unrepresented buyer?

There are scenarios within the NAR Settlement Agreement that allow property tours without a buyer agency. Listing agents who show homes to unrepresented buyers are not required to have a buyer agreement as just one example.

unrepresented seller compensation agreement

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What is the unrepresented seller disclosure and fee agreement?

The purpose of the Unrepresented Seller Disclosure and Fee Agreement is to formalize the sellers intent to sell their property without agent representation. This document clarifies the fee structure and obligations of both parties involved.

Why should agents have a disclosure agreement?

These agency disclosures are important. Agents may be representing the interests of a prospective home purchaser or seller, but they also may be representing the interests of the other party in the sale, or as a facilitator, the interests of neither party.

What is a seller compensation addendum?

0:26 1:54 Amount is specified as a monetary fee or a percentage of the purchase. Price. The second mainMoreAmount is specified as a monetary fee or a percentage of the purchase. Price. The second main section on the form is the sellers. Compensation.

Unrepresented Seller Compensation Agreement 2/07 - Arizona ... 2025

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How to use or fill out Unrepresented Seller Compensation Agreement 2/07 - Arizona with our platform

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Got questions?

What is the unrepresented buyer clause?

What does it mean to be an unrepresented buyer or seller?

Which type of listing agreement allows the seller to avoid paying a commission if they find the buyer themselves?

Can a seller back out of a real estate contract in Arizona?

Can a listing agent show an unrepresented buyer?

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What is the unrepresented seller disclosure and fee agreement?

Why should agents have a disclosure agreement?

What is a seller compensation addendum?

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