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Exclusive Listing Contract
Exclusive listing contract and its basic features in real estate business
Exclusive Listing Contract is primary a bond between a property broker and property owner with regard to the granting authority of the owner’s property to the broker. Acting as the owner’s agent, the broker aims to sell the landowner’s property. It gives the ultimate right to the broker to procure a potential buyer of property. As a part of the common law of land, it is essentially a contractual agreement between the seller and the broker. Since forming the content of the form usually depends on property attorneys and lawyers, people are often hesitated to proceed with such agreements.
Avail the online real estate services
To avoid the unavailability of lawyers, many online real estate services offers pre-made forms to its users. The significance of such pre-made printable forms is that they are usually simple to follow and makes people familiar with the terms and conditions of the document. Hence this makes them aware of such contracts and can use it to their maximum benefit. People thus are known to readily get such forms printed for their convenience.
Covers the necessary details in real estate dealings
Known to cover almost all the necessary details that are required in Exclusive Listing Contract form, the printable forms are very helpful. Apart from being provided with the description and nature of property, such forms also ensure sellers’ warrants and information relating to the broker’s use and purpose of the property. Monthly payments, annual expenses, time period and interest rates are few of the elements which have been made mandatory during exclusive listing contract dealings. Online printable forms offered by real estate services are known to include these as well.
Where to download Exclusive Listing Contract Template?










Sample Template Preview
(This Form is Not to Be Used for Single Dwelling or Cottage Not a Resort)
This agreement is made by and between ……………, as Broker and ……………, as Seller.
The Seller gives Broker the sole and exclusive right to procure a purchaser for the following described property:
TRADE NAME: …………… TYPE OF BUSINESS:
ADDRESS: ………(Street or Route)(City or Town) (County)(State)
PHONE No.: …………… OCCUPANTS:
LEGAL DESCRIPTION: …………… …………… …………… …………… …………… …………… …………… for …………… Dollars, ($…..), subject to adjustment for accrued interest, prepaid insurance, rents and current taxes as of time of closing:
On the following terms: …………… …………… …………… …………… …………… ……………
If a sale or exchange is made or a purchaser procured by the Broker, by the undersigned Seller, or by any other person, at the price and upon the terms specified, or at any other terms and price accepted by the undersigned Seller, during the term of this contract, or if sold or exchanged within 12 months after the termination of same to anyone with whom the Broker negotiated during the term of this contract and whose name the Broker has submitted to Seller in writing prior to the expiration date of this contract, the Seller agrees to pay Broker a commission of ……… percent (_____%) of the sale price.
The Seller agrees to furnish either a full and complete abstract of title by a responsible abstract company, extended to date, showing marketable title in the Seller, at the time of sale, or an owner’s policy of title insurance, and will convey title by good and sufficient warranty deed, free and clear of all liens and encumbrances excepting: Municipal and Zoning Ordinances and Recorded Easements for Public Utilities: Recorded Building Restrictions: and/or …………… …………… ……………
All deposits delivered to Broker shall be retained by Broker in an authorized trust account. If forfeited by the Buyer, the money shall first pay for cash advancements made by Broker; one-half the balance, but not in excess of the commission agreed upon, shall belong to Broker. The balance shall belong to the Seller.
STRIKE OUT THOSE NOT INCLUDED: Included in the purchase price are such of the following items as may now be on the premises, which will be delivered free and clear of encumbrance: all garden bulbs, plants, shrubs and trees; screen doors and windows; storm doors and windows; electric lighting fixtures, window shades, curtain rods and venetian blinds; bathroom accessory fixtures, central heating units and attached equipment; water heaters; linoleum cemented to floor; carpeting in living room, dining room, hallways and stairs; awnings; water pumps and accessories; sump pumps; piers and boat docks; boat hoists and accessories; outdoor television towers and antennae; outdoor radio antennae; also …………… …………… …………… …………… …………… except
The Seller warrants and represents:
1. That Seller has no notice or knowledge of any planned public improvements which may result in special assessments except:
…………… ……………
2. That no governmental agency has served any notice on Seller requiring repairs, alterations or correction of any existing conditions, except …………… ……………. (If none, so state.)
3. …………… …………… …………… …………… ……………
In consideration for the Seller’s agreement as set forth above the Broker agrees to list and use reasonable efforts to procure a purchaser for the property described. This listing contract shall be effective from ……………, …………… Dollars, ($…..), 19__, and this listing contract shall expire on ………, 19__.
This agreement is accepted by the undersigned on this ………, 19__.
………(Broker) ………(Seller)………(Seller)
By ………Address ………
Telephone ………
THE FOLLOWING DATA AND INFORMATION ARE NOT A PART OF THE CONTRACT ON THE REVERSE SIDE AND ARE INFORMATION FOR BROKER’S USE.
LAND
LOCATION ……… FT. OF HWY. FRTG ………
TWO LANE ……… FOUR LANE ……… SIX LANE ……… EIGHT LANE ………
LOT SIZE ……… ROOM FOR EXPANSION ………
DRIVEWAYS ……… PAVED ……… GRAVELED ………
LANDSCAPING ……… SWIMMING POOL ………
LAKE FRONTAGE ……… RIVER FRONTAGE ………
BUILDINGS
MAIN BUILDING:
FIRST FLOOR
SECOND FLOOR
CONSTRUCTION ……… ROOF ……… AGE ………
BASEMENT ……… GARAGE ……… TYPE OF HEAT ………
SIZE OF OFFICE ……… SIZE OF LOBBY ………
OTHER BUILDINGS:
CONSTRUCTION ……… ROOF ……… AGE ………
TYPE OF HEAT ………
LOCATION
DISTANCE TO DOWNTOWN ……… SHOPPING ………
SERVICE STATIONS ……… RESTAURANTS ……… SCHOOLS ………
UTILITIES
CITY SEWER ……… SEPTIC TANK ……… DRY WELL ………
CITY WATER ……… WELL ……… DEPTH ………
GAS ……… ELECTRIC ………
ACCOMMODATIONS
SIZE OF UNITS ……… NO. LIGHT HOUSEKEEPING UNITS ………
SINGLE ……… DOUBLE ……… TWIN ………
WITH BATH ……… WITH SHOWER ……… WITH TUB ………
TYPE OF TILE IN BATHROOMS
KIND OF FURNITURE ……… MATTRESSES ………
FLOOR COVERING—CARPETING ……… ASPHALT TILE ……… RUBBER TILE ………
CLOTHES CLOSETS ……… RACKS ……… PHONES ………
RADIOS ……… OWNED ……… LEASED ……… TV’S ……… OWNED ……… LEASED ………
AIR CONDITIONING ……… CENTRAL UNIT ……… WINDOW UNIT ………
MISCELLANEOUS
UTILITY ROOM ……… LAUNDRY EQUIPMENT ………
LINENS—OWNED ……… RENTED ……… NUMBER OF EMPLOYEES ………RESORT
SIGNS ………
MOTEL APPROVED BY ………HOTEL
REASON FOR SELLING ……… HOW LONG PRESENT OWNER? ………
OPERATING: FROM ……… TO ………(TIME OF YEAR)
GROSS ANNUAL INCOME ………(BALANCE SHEET?) ………
ENCUMBRANCES:
EXISTING MTGS. OR LAND CONTRACT (BALANCE) ………
WHO HOLDS MTG. OR LAND CONTRACT? ………
WHEN DUE AND PAYABLE ……… MONTHLY PAYMENTS ………
MONTHLY PAYMENTS INCLUDE
INTEREST AT _____% PER ANNUM ADJUSTED MONTHLY? ………
RATES:
SEASON OFF SEASONCommercial
Singles
Doubles
Twin Bed
3 People
4 People
LHK
Cottages
ANNUAL EXPENSES:
TAXES FUEL ………
INSURANCE SALARIES ………
ELECTRIC LINENS ………
TELEPHONE SUPPLIES ………
MISCELLANEOUS OTHER EXPENSES ………OCCUPANCY CONDITIONS: …………… …………… …………… …………… ……………
REMARKS: …………… …………… …………… ……………