EXCLUSIVE LISTING AGREEMENT
This Agreement is made and entered into this _____ day of ______________, 20____,
by and betwe...
2 of 9
Broker _______________________________________ Dollars ($______________)
in compensation for the For Sale sign.
3. ...
3 of 9
4. The entire amount of the commission offered through MRIS by Broker to Cooperating
Broker shall be the sole oblig...
4 of 9
hazards. Owner represents and warrants to Broker, Broker=s agents and Cooperating
Brokers/agents, intending that th...
5 of 9
10. Owner retains the right to sell the Property without a real estate agent through Owner=s
own advertising and ef...
6 of 9
Maryland Agricultural Land Preservation Foundation, the Maryland Department of
Natural Resources, or a Land Trust (...
7 of 9
3. Broker shall not be liable to the Owner for any losses incurred in the sale of the
Property. Owner authorizes an...
8 of 9
D. ADDITIONAL BROKERAGE SERVICES.
1. In the event Owner desires that Broker provide additional or other services th...
9 of 9
Owner: ________________________________________ Date: __________________
Owner: ___________________________________...
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Terms & Condition

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Terms & Condition

  1. 1. EXCLUSIVE LISTING AGREEMENT This Agreement is made and entered into this _____ day of ______________, 20____, by and between _________________________________ (Owner) and Always Do More, LLC t/a Keller Williams of Southern Maryland (Broker) for the Property located at ____________________________________________, _______________________ County, Maryland. Broker will multiple-list the Property in the Metropolitan Regional Information Systems, Inc. (AMRIS@) for a period of one (1) year from the date of this Agreement unless sooner terminated as herein provided or if the Property is sold, whichever comes first. A. BROKER=S FEE. At the time of execution of this Agreement, Owner shall pay to Broker the sum of Four Hundred Fifty Dollars ($450.00) (Athe Fee@). In exchange for payment of the Fee, Broker shall: 1. Multiple-list the Property in MRIS for one (1) year from the date of this Agreement, unless sooner terminated as herein provided or if the Property is sold by Owner, whichever event shall first occur. 2. If requested to do so by Owner, Broker will install Broker=s standard AFor Sale@ sign on the Property for the duration of this Agreement, and remove the For Sale sign, upon notification by Owner or upon termination or expiration of the Agreement, or when the Property is sold, whichever event shall first occur. Note: If Owner removes the For Sale sign, discards the For Sale sign, fails or refuses to provide access to the For Sale sign to Broker, or the For Sale sign is stolen or removed by others, Owner shall pay to This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  2. 2. 2 of 9 Broker _______________________________________ Dollars ($______________) in compensation for the For Sale sign. 3. Upon request by Owner, Broker will enter the Property in the Centralized Showing System for the duration of this Agreement. 4. Upon request by Owner, and Owner=s execution of Broker=s Lock Box Addendum, Broker shall install a lock box at the Property, which shall be placed on the Property for the duration of this Agreement. Note: An additional fee of Fifty Dollars ($50.00) must be paid by Owner to Broker for installation of a lock box. B. UNDERTAKINGS OF OWNER. Except as otherwise provided in this Agreement: 1. All written offers submitted through or by a real estate broker or agent participating in the MRIS (Cooperating Broker) shall be presented directly to the Owner by the Cooperating Broker who procures the buyer. 2. All deposit monies will be held by the Cooperating Broker if an offer is accepted by Owner, or by such other person or entity as may be agreed upon by Owner and any prospective purchaser(s). Broker will not accept or hold any deposit or escrow monies. 3. Owner will pay a _______ per cent (____%) commission (ACommission@) to Cooperating Broker at settlement on behalf of Broker for services rendered by the Cooperating Broker, whether acting as the sub-agent for the Owner or as the agent for the buyer, in accordance with the terms and conditions of this Agreement. Owner hereby authorizes Broker to offer said Commission through MRIS. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  3. 3. 3 of 9 4. The entire amount of the commission offered through MRIS by Broker to Cooperating Broker shall be the sole obligation of Owner and shall be paid in full to Cooperating Broker by Owner on behalf of Broker at the time of settlement and shall not be deducted from or reduced by any fees previously paid to Broker. 5. Owner acknowledges that Broker and Broker=s agent may not have viewed the Property, and therefore, Broker shall not be liable for any incorrect information or data as provided by Owner and entered into MRIS by Broker based upon information provided by Owner. 6. Owner agrees to disclose through MRIS and to any Cooperating Broker or agent, as well as to any prospective buyer, all material facts relative to the sale of the Property and any defects in the Property, including, but not limited to, water or dampness in basement, structural damage, fire damage, leaking roof, faulty furnace, termite infestation (past or present), and all other such conditions of which Owner has actual knowledge. In order to disclose such information regarding the condition of the Property, Owner agrees to complete and provide to any buyer who submits a written offer to purchase the Property a Property Condition Disclosure Statement as published by the Maryland Real Estate Commission in accordance with the Maryland Residential Property Disclosure/Disclaimer Act, a copy of which has been provided to Owner by Broker. 7. Owner acknowledges that the Property, if constructed before 1978, is subject to Federal law (Title X) as to the presence of lead-based paint and/or lead-based paint This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  4. 4. 4 of 9 hazards. Owner represents and warrants to Broker, Broker=s agents and Cooperating Brokers/agents, intending that they rely upon such warranty and representation, that the Property was constructed: (Owner to initial one): _______/_______ prior to 1978; OR _______/_______ during or after 1978; OR _______/_______ Owner is uncertain as to the date of construction. If Owner is uncertain as to date the Property was constructed, Owner agrees that, for the purpose of the sale contemplated by this Agreement, the Property will be treated as though it had been constructed prior to 1978. If Title X applies to the Property, Owner acknowledges receipt of brochure entitled AEPA and HUD Real Estate Notification and Disclosure Rule@ from Broker, and Owner agrees to comply fully with the requirements as set forth in the Rule. 8. Owner shall indemnify and hold Broker and Broker=s agents, employees, officers, directors and stockholders, harmless from any and all liability expenses, damages and costs, including without limitation reasonable attorney=s fees, in connection with the marketing and sale of the Property including, but not limited to, any misrepresentation made by Owner as to the condition of the Property. Owner shall be solely and exclusively liable for any alleged or actual damages or losses incurred by Owner or any buyer during, after or resulting from the sale of the Property. 9. Owner agrees that Broker shall not be liable for any loss or damage resulting from the use of a lockbox or key box placed on the Property. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  5. 5. 5 of 9 10. Owner retains the right to sell the Property without a real estate agent through Owner=s own advertising and efforts. Owner acknowledges that Maryland law requires Owner to include Broker=s name (Keller Williams of Southern Maryland) in all written advertisements. 11. Upon signing a Contract of Sale with a buyer, Owner promptly shall deliver a copy of the Contract of Sale to the office of Broker by fax - - (240) 526-3091. The Contract of Sale must be provided to Broker within 12 hours following the execution of the Contract of Sale by all parties. Owner further agrees to notify Broker of any change in the settlement date. 12. This Agreement may be canceled by Owner or by Broker upon _________ (____) days written notice. 13. Any changes to the description, price, and terms in the MRIS listing shall be made in writing and signed by the Owner. Changes made following the first thirty (30) days of this Agreement shall be accompanied by a $5.00 processing fee paid to Broker by Owner. 14. Owner shall offer the Property for sale without regard to race, color, gender, religion, national origin, physical or mental handicap, familial status, marital status or other protected classes under applicable federal, Maryland and local fair housing laws. 15. Owner is advised and acknowledges that if the Property is encumbered by one or more conservation easement(s) or other restrictions limiting or affecting uses of the Property and owned by the Maryland Environmental Trust, the Maryland Historical Trust, the This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  6. 6. 6 of 9 Maryland Agricultural Land Preservation Foundation, the Maryland Department of Natural Resources, or a Land Trust (the AConservation Easement(s)@), Maryland law requires that Seller deliver to the Buyer copies of all Conservation Easement(s) on or before the day the Contract of Sale is entered into, or within 20 calendar days after entering into the Contract of Sale. The Buyer shall have the right to rescind the Contract of Sale if Seller shall fail to deliver to the Buyer copies of all Conservation Easement(s) on or before the day the Contract of Sale is entered into or within 20 calendar days after entering into the Contract of Sale. 16. Owner acknowledges receipt of the AUnderstanding Whom Real Estate Agents Represent@ disclosure form as required by Maryland Law and published by the Maryland Real Estate Commission. C. UNDERTAKING OF BROKER. Except as may otherwise be provided in this Agreement: 1. The listing price of the Property shall be _____________________________ Dollars ($_________.00), which shall be published by Broker through MRIS. 2. Broker will not show the Property, advertise the Property (except through MRIS), hold any deposit monies or represent Owner at the time of settlement. During the term of this Agreement, Broker will promote the sale of the Property through the MRIS only and Owner hereby expressly authorizes Broker to promote the Property exclusively through MRIS, unless Owner requests installation of a For Sale sign pursuant to the provisions of Section A.2., above. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  7. 7. 7 of 9 3. Broker shall not be liable to the Owner for any losses incurred in the sale of the Property. Owner authorizes and consents to Broker, real estate licensees affiliated with Broker and real estate licensees acting as the sub-agent of Broker to provide ministerial acts on behalf of Owner to third persons as permitted by the Maryland Real Estate Brokers Act. 4. This Agreement constitutes an Exclusive Agency Agreement by and between Owner and Broker. As agent of the Owner, Broker shall protect confidential information provided by Owner, and shall not disclose such information to any other person except as otherwise provided by law or authorized by Owner. Broker shall disclose to Owner all information and communications received from third persons to Owner. Upon request of Owner, Broker shall provide Owner contract forms necessary to effectuate the sale of the Property and Broker shall promptly deliver to Owner any contract offers, verbal or written, brought to Broker=s attention by Cooperating Brokers or other. 5. Broker hereby acknowledges the receipt from Owner, Fee in the amount of Four Hundred and Fifty Dollars ($450.00). Subject to the provisions of Sections A.2., A.4. and B.13. of this Agreement, the Fee paid by Owner to Broker represents payment in full for services rendered by Broker in connection with this Agreement except for Owner=s obligation to pay additional compensation to Cooperating Broker in the event a Cooperating Broker is involved in the sale of the Property in the amount as set forth in Section B.3. of this Agreement. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  8. 8. 8 of 9 D. ADDITIONAL BROKERAGE SERVICES. 1. In the event Owner desires that Broker provide additional or other services than those set forth in this Agreement, and Broker agrees to do so, Owner and Broker shall enter into Broker=s standard Exclusive Right To Sell Residential Brokerage Agreement. Any funds paid by Owner to Broker pursuant to this Agreement shall be applied to Owner=s financial obligations to Broker arising under any Exclusive Right To Sell Residential Brokerage Agreement which may be negotiated and entered into between Broker and Owner. 2. Owner acknowledges receipt of a copy of this Agreement and its addenda at the time of signing hereof. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.
  9. 9. 9 of 9 Owner: ________________________________________ Date: __________________ Owner: ________________________________________ Date: __________________ ALWAYS DO MORE, LLC T/A KELLER WILLIAMS OF SOUTHERN MARYLAND By:____________________________________________ Date: __________________ Authorized Representative Owners (List all): _____________________________ and __________________________ Mailing Address: ___________________________________________________________ Office Telephones: _______________________ Office/Home Fax: __________________ Home Telephones: ________________________ Cell Phones: ______________________ Email addresses: ___________________________ / _______________________________ This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message. This PDF file is Created by trial version of Quick PDF Converter Suite. Please use purchased version to remove this message.

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