Listing Contract: Exclusive Right to Sell Form Help

*Highlighted sections need to be completed

💡 TIPS: 

• The contract start date  is typically the date that the  clients sign.

• This date can be post dated IF your clients know when they want to list. If you post date this form your clients are not under contract until the start date.

  • Example: 2 weeks from today-- you can put that date as the start date.

• Line 63: Should be Yes- This will all the property to be seen on 3rd party sites like Zillow once the property is active/coming soon on the MLS.

• Line 72: Should be No- This will prevent reviews about the property to be displayed.

• Line 13: The price is ultimately decided by the client

• Line 14: Terms that seller is going to accept.  Example Cash, Conventional, DVA, FHA, etc.

  • Types of Financing Help

• Line 116: 

• Line 119 or 120: Percentage or Flat rate total commission rate paid to the listing  broker involved in the transaction.

• Line 134: Cannot exceed 180 Days

• Line 149 and 151:  Talk to seller(s) about what they would like to offer to a cooperating broker.

  • ex. 2.7 % 2.5% or a flat rate $1,500

• Line 197 or 199: Ask seller(s) if they agree to dual agency where the buyer is represented by JP Willman Realty Twin Cities. Check box in accordance to their answer.

• If the property is NOT being withheld or listed as coming soon the property MUST be ACTIVE on the MLS within 2 business days of the contract start date.

💡 TIP: If client does not want to go active/list on the MLS until a future date, getting a  Certification to Withhold form  signed is a way you have the client under contract without having to go active on the MLS within 2 business days.