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VAR Form 420 Independent Contractor Listing Agreement FINAL3.doc

VAR Form 420 Independent Contractor Listing Agreement FINAL3.doc 2026

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The VAR Residential Listing Agreement is a legally binding contract between a property owner and a real estate broker, establishing an independent contractor relationship. It outlines the broker's obligations, services to be provided, listing price, compensation structure, and terms regarding dual representation. The agreement emphasizes the owner's responsibilities regarding property disclosures and compliance with relevant laws. It also includes provisions for marketing the property, handling offers, and legal liabilities. Owners are advised to seek legal counsel if they do not understand the agreement.

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Click ‘Get Form’ to open the VAR Form 420 in the editor.
Begin by entering the Firm Name, Address, City/State/Zip at the top of the form. This identifies your brokerage.
Fill in the date when this agreement is entered into and provide details about the Owner and Property, including its address and legal description.
Specify the term of the agreement by filling in the start and end dates.
In the Broker Obligations section, review and ensure you understand each obligation listed, as these are mandatory under Virginia law.
Select applicable services that Broker will provide from the options given in Broker Services. Make sure to check all that apply.
Set your Listing Price and any incentives or concessions you wish to offer for your property.
Complete sections regarding compensation, dual representation consent, and disclosures related to property associations or condominiums as applicable.
Review all entries for accuracy before proceeding to sign electronically using our platform's signature feature.

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