Common use of Real Estate Relationships Clause in Contracts

Real Estate Relationships. I, (Name Of Licensee) As An Authorized Representative Of (Name Of Firm), Intend, As Of This Time, To Work With You As A: (Indicate One) Seller's/Landlord's (Circle One) Agent Only Seller's/Landlord's (Circle One) Agent And Disclosed Dual Agent If The Opportunity Arises Seller's/Landlord's (Circle One) Agent On Properties On Which This Firm Is Acting As The Seller's Agent And Transaction Broker On Other Properties. Transaction Broker Only 7) COMMISSION SPLITS: LISTING BROKERS USUALLY COOPERATE WITH OTHER BROKERAGE FIRMS BY SHARING INFORMATION ABOUT THEIR LISTINGS AND OFFERING TO PAY PART OF THEIR COMMISSION TO THE FIRM THAT PRODUCES A BUYER. THIS IS GENERALLY REFERRED TO AS THE "COMMISSION SPLIT." SOME LISTING BROKERS OFFER TO PAY COMMISSION SPLITS OF A PORTION OF THE GROSS COMMISSION, USUALLY EXPRESSED AS A PERCENTAGE OF THE SELLING PRICE, LESS A SIGNIFICANT DOLLAR AMOUNT. OTHER LISTING BROKERS OFFER A PORTION OF THE GROSS COMMISSION LESS ONLY A MINIMAL LISTING FEE OR LESS ZERO. THE AMOUNT OF COMMISSION SPLIT YOUR BROKER OFFERS CAN AFFECT THE EXTENT TO WHICH YOUR PROPERTY IS EXPOSED TO PROSPECTIVE BUYERS WORKING WITH LICENSEES FROM OTHER BROKERAGE FIRMS. ON THIS LISTING, THE BROKER IS OFFERING A COMMISSION SPLIT OF MINUS TO POTENTIAL COOPERATING FIRMS. IF YOU FEEL THAT THIS MAY RESULT IN YOUR PROPERTY RECEIVING LESS THAN MAXIMUM EXPOSURE TO BUYERS, YOU SHOULD DISCUSS THOSE CONCERNS WITH THE LISTING SALESPERSON OR HIS/HER SUPERVISING BROKER. BY SIGNING THIS LISTING AGREEMENT THE OWNER(S) ACKNOWLEDGE HAVING READ THIS STATEMENT ON COMMISSION SPLITS.

Appears in 3 contracts

Samples: New Jersey Residential Listing Agreement, New Jersey Residential Listing Agreement, New Jersey Residential Listing Agreement

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Real Estate Relationships. I, (Name Of Licensee) As An Authorized Representative Of as an authorized representative of (Name Of FirmAgency), Intendintend as of this time, As Of This Time, To Work With You As Ato work with you as a: (Indicate One) indicate one of the following): Seller's/Landlord's (Circle Check One) Agent Only agent only Seller's/Landlord's (Circle Check One) Agent And Disclosed Dual Agent If The Opportunity Arises agent and disclosed dual agent, if the opportunity arises Seller's/Landlord's (Circle Check One) Agent On Properties On Which This Firm Is Acting As The Seller's Agent And Transaction Broker On Other Propertiesagent on properties on which this Agency is acting as the SELLER's/LANDLORD'S agent and transaction broker on other properties. Transaction Broker Only broker only Produced with Lone Wolf Transactions (zipForm Edition) 000 X Xxxxxxx Xx, Suite 2200, Dallas, TX 75201 xxx.xxxxx.xxx S A M P L E 7) COMMISSION SPLITS: LISTING BROKERS USUALLY COOPERATE WITH OTHER BROKERAGE FIRMS BY SHARING INFORMATION ABOUT THEIR LISTINGS AND OFFERING TO PAY PART OF THEIR COMMISSION TO THE FIRM THAT PRODUCES A BUYER. THIS IS GENERALLY REFERRED TO AS THE "COMMISSION SPLIT." SOME LISTING BROKERS OFFER TO PAY COMMISSION SPLITS OF A PORTION OF THE GROSS COMMISSION, USUALLY EXPRESSED AS A PERCENTAGE OF THE SELLING PRICE, LESS A SIGNIFICANT DOLLAR AMOUNT. OTHER LISTING BROKERS OFFER A PORTION OF THE GROSS COMMISSION LESS ONLY A MINIMAL LISTING FEE OR LESS ZERO. THE AMOUNT OF COMMISSION SPLIT YOUR BROKER OFFERS CAN AFFECT THE EXTENT TO WHICH YOUR PROPERTY IS EXPOSED TO PROSPECTIVE BUYERS WORKING WITH LICENSEES FROM OTHER BROKERAGE FIRMS. ON THIS LISTING, THE BROKER IS OFFERING A COMMISSION SPLIT OF MINUS TO POTENTIAL COOPERATING FIRMS. IF YOU FEEL THAT THIS MAY RESULT IN YOUR PROPERTY RECEIVING LESS THAN MAXIMUM EXPOSURE TO BUYERS, YOU SHOULD DISCUSS THOSE CONCERNS WITH THE LISTING SALESPERSON OR HIS/HER SUPERVISING BROKER. BY SIGNING THIS LISTING AGREEMENT THE OWNER(S) ACKNOWLEDGE HAVING READ THIS STATEMENT ON COMMISSION SPLITS.

Appears in 2 contracts

Samples: New Jersey Exclusive Residential Listing Agreement, New Jersey Exclusive Residential Listing Agreement

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Real Estate Relationships. I, Xxxx Xxxxxxxxxxx (Name Of Licensee) As An Authorized Carlyle Global LLC / HomeLister Inc Representative Of (Name Of Firm), Intend, As Of This Time, To Work With You As A: (Indicate One) Seller's/Landlord's (Circle One) Agent Only Seller's/Landlord's (Circle One) Agent And Disclosed Dual Agent If The Opportunity Arises Seller's/Landlord's (Circle One) Agent On Properties On Which This Firm Is Acting As The Seller's Agent And Transaction Broker On Other Properties. Transaction Broker Only 7) COMMISSION SPLITS: LISTING BROKERS USUALLY COOPERATE WITH OTHER BROKERAGE FIRMS BY SHARING INFORMATION ABOUT THEIR LISTINGS AND OFFERING TO PAY PART OF THEIR COMMISSION TO THE FIRM THAT PRODUCES A BUYER. THIS IS GENERALLY REFERRED TO AS THE "COMMISSION SPLIT." SOME LISTING BROKERS OFFER TO PAY COMMISSION SPLITS OF A PORTION OF THE GROSS COMMISSION, USUALLY EXPRESSED AS A PERCENTAGE OF THE SELLING PRICE, LESS A SIGNIFICANT DOLLAR AMOUNT. OTHER LISTING BROKERS OFFER A PORTION OF THE GROSS COMMISSION LESS ONLY A MINIMAL LISTING FEE OR LESS ZERO. THE AMOUNT OF COMMISSION SPLIT YOUR BROKER OFFERS CAN AFFECT THE EXTENT TO WHICH YOUR PROPERTY IS EXPOSED TO PROSPECTIVE BUYERS WORKING WITH LICENSEES FROM OTHER BROKERAGE FIRMS. ON THIS LISTING, THE BROKER IS OFFERING A COMMISSION SPLIT OF MINUS TO 2 POTENTIAL COOPERATING FIRMS. % MINUS TO IF YOU FEEL THAT THIS MAY RESULT IN YOUR PROPERTY RECEIVING LESS THAN MAXIMUM EXPOSURE TO BUYERS, YOU SHOULD DISCUSS THOSE CONCERNS WITH THE LISTING SALESPERSON OR HIS/HER SUPERVISING BROKER. BY SIGNING THIS LISTING AGREEMENT THE OWNER(S) ACKNOWLEDGE HAVING READ THIS STATEMENT ON COMMISSION SPLITS.

Appears in 1 contract

Samples: Jersey Listing Agreement

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