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VIRGINIA ASSOCIATION OF REALTORS EXCLUSIVE AUTHORIZATION TO SELL (This is a legally binding contract, if not understood, seek competent advice before signing) This AGREEMENT made as of , , by and between and (together the Owner) 2025

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VIRGINIA ASSOCIATION OF REALTORS EXCLUSIVE AUTHORIZATION TO SELL (This is a legally binding contract, if not understood, seek competent advice before signing) This AGREEMENT made as of , , by and between and (together the Owner) Preview on Page 1
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The document is an Exclusive Authorization to Sell Agreement between a property owner and a broker, granting the broker exclusive rights to sell the owner's real estate. It outlines the terms of the agreement, including the duration, commission fees, responsibilities of both parties, and provisions for dual representation. The document emphasizes that it is legally binding and advises owners to seek legal advice if needed.
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  1. Click ‘Get Form’ to open it in the editor.
  2. Fill in the date of the agreement at the top of the form, followed by the names of all owners involved. Ensure that all owners and spouses are included as parties to this agreement.
  3. In section 1, specify the property details including its description and address. Clearly state the price for which you wish to sell the property.
  4. Complete section 4 by indicating the fee you agree to pay the broker upon sale. Be sure to understand any conditions regarding extensions or alternative agreements.
  5. Review sections 5 through 12 carefully, ensuring you understand your rights and obligations regarding disclosures, dual representation, and other terms outlined in these sections.
  6. Finally, sign and date where indicated at the bottom of the form. Make sure all owners sign as well.

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The Exclusive Right to Sell is the most commonly used listing agreement in California real estate transactions. When a homeowner signs this agreement, they grant the listing agentand their brokeragethe exclusive right to market and sell the property within a specified timeframe.
Working with more than one real estate agent is fine when you havent signed an exclusive agreement with anyone, says Adam Aguilar, a real estate agent with Reliantra in West Toluca Lake, CA. You can use as many as you wish, unless they stop to ask you to make a commitment to them, in writing, Aguilar adds.
Exclusive Right-to-Sell Listing Review the Agreement: Check for a cancellation or termination clause that outlines the process and any potential penalties. Written Notice: Provide a written notice to your agent or their brokerage firm stating your desire to cancel, citing the reasons clearly and professionally.
Exclusive right to sell listing While this agreement is active, the property owner cannot use another agent. This arrangement allows an agent to focus all efforts on a property and use comprehensive marketing strategies.
The exclusive right to sell was intended to provide compensation to the listing firm if anyone produces a ready, willing, and able buyer. This anyone could include the seller finding his own buyer for the property.

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Virginia REALTORS Residential Contract of Purchase Realtor Lynchburg, VA REALTOR portal LAR Association NAR Legal Hotline VA legal hotline Northern Association of REALTORS Northern Virginia real estate

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Most exclusive right to sell contracts span 3 to 6 months, but the terms can vary depending on the market. Agents in hot markets may make the term shorter to stay competitive. If your agent asks for more than 12 months, this could be a red flag.
The Exclusive Right to Sell listing is the form of listing where the seller provides exclusive authorization to the listing broker to cooperate with other brokers in the sale of their property. By default, all WB listing contracts are Exclusive Right to Sell.

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