The Residential Listing Agreement.
Before you sit down with sellers it will be very important to understand a be able to write a listing agreement.
Tasks:
- In this exercise you must write up a listing agreement with the information as follows:
- The property Address is 1825 Middleton Place, Los Angeles, CA
- The name of the sellers is: find it in the title report.
- The listing agreement is for 10 months starting today.
- The listing broker fee is 3%
- The selling broker fee is 2.5%
- The property will be marketed in the CRMLS system
- The seller reserves the right to add the property to the MLS until 30 days after the listing date (need the form SELM)
Resources you will need:
Timeframe: You should be able to complete this task within 5 days
Once I get your RLA I will reply back or meet with you with my feedback, and we will move to the next step.
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