Sign Nevada Travel Agency Agreement Myself

Document type sign travel agency agreement nevada mobile

we're going to give you a look at the residential listing agreement starting with the disclosure regarding real estate agency relationship and we're just going to give an outline of it there's lots of detail any questions that you have you can feel free to reach out to us but I want to give you more of the generalities of the agreement so first off you'll see at the top under where it says sellers agent it talks about the responsibilities of the agent which is a fiduciary duty of utmost care integrity honesty and loyalty in dealings with the seller and the same goes is you'll see down below it's just a repeat for the buyer's agent whether an agent is representing the buyer or the seller there is a responsibility to disclose all material facts and may affect the desirability of the property and as we move down below talked about agent representing both seller and buyer and that is legal in the state of California and there needs to be consent by both the buyer and the sellers it says up top there and the most important thing is that if we're representing both sides there needs to be complete trust between both parties to ensure that we're not going to give up information that would jeopardize the position of either party and that could be maybe for the seller you know we're not going to tell the buyer that you're willing to take a lower price and the thing goes on the buyers side we wouldn't want to give up their position by telling the seller that they're willing to come up on the price as we move towards the bottom there the spots for the sellers to sign and for me to agent and then we move on to page 2 which is a bunch of civil code which you can read if you board there's a ton of detail that we're not going to cover here and then we move on to the page about possible representation or more than one buyer or seller so this is pretty much an expansion of what we talked about with dual agency it does include a couple sections up above about the fact that we could be representing multiple buyers at one time an agent can do that and they could even write an offer from the same property and then the same goes with sellers we're going to have more than likely multiple listings and we're not going to bias one listing versus another it's our job to get equal activity and effort into each one and then as we go down a dual agency as I said it's kind of a repeat there's just a little more clarification on it but it is again legal in the state of California to represent both sides and we are responsible just like we are for individual representation to disclose right here and disclose any material facts affecting the value or desirability of property and then as we move to the bottom there's a section on offers not necessarily confidential and what this is really saying is that as a listing agent we may disclose some terms to maybe another buyer's agent the wrote an offer or is planning to write an offer and ultimately we would do that to try to increase the price as much as possible to net you the most money so it reverts back to our fiduciary responsibilities we would never want to give up something that compromises your position however we can give up some information about a current offer that would improve your position and then as we move below there's signature lines and then we move into the meat of the agreement which is the residential listing agreement section this is probably the most important page of the agreement because it outlines a lot of the main details including up top you've got your seller names brokerage names and then the listing period and this is just the the time period that you're going to be in contract with Keller Williams house your address assessors parcel number listing price here and then as we go down to compensation a broker the five and a half percent is the total Commission including what goes to the cooperating broker or the agent representing the buyer you can cancel the agreement or it can expire and if that's the case I have a clause here that talks about 180 days after the cancellation I will need to produce to you a list of buyers that were procured during the listing and if they were to go ahead and buy the house after the listing was canceled a commission would still be due and then going down below again two and a half percent is what is standard customary to the buyer's agent and lastly down below you need to guarantee that you're not currently in contract with another brokerage and you're not responsible to pay commission to another brokerage and then at the bottom it talks about items excluded and included from the deal so for items excluded maybe an example would be a chandelier that you want to take with you that's something we would put here that would be something that's fixed to the property but you want to remove and then same goes for included if it's not fixed to the property but you want it to remain like maybe a washer and a dryer that's where we put it right there now we move on to page two we're going to look at item B up top which is leased items that would be anything like solar alarm propane water softeners anything that you have a lease in place that may need to be transferred to the next buyer or in some cases they are not transferable which could cause an issue which is why it's important to list those and then lien items would be something that you got a small loan on the property for for maybe the HVAC system or anything like that so we're included and that may be something that needs to be paid off prior to closing escrow the Multiple Listing Service that we use is called metro list and this is the service that allows all this seems to be uploaded it's also the service that buyers agents would use to search properties for their clients and this box here talks about the benefits of being on the MLS if your listing your property in short if you don't do that you're lacking exposure that you would typically get to all the agents in the area so we highly recommend that you're in MLS if there's some reason you want to do it privately then we can do that as well but you have to opt out and sign here on the next page under items see it explains that MLS is actually the source for most of the major websites to pull their information like Zillow and realtor.com and Trulia you the seller do have the option to opt out of internet marketing we have a box that we can select in the listing that keeps that from happening however just like with MLS it reduces your exposure a lot because many buyers start on internet sites like those so we don't recommend it but you do have the option moving down to item 6 is seller representations and what that is is that you need to disclose if anything including notice of defaults delinquent amounts due maybe a pending litigation or arbitration around the home or a bankruptcy all those things we would want to know and then under item 7 there are also broker and seller duties what this is saying is that we are you're giving us permission to market the property on your behalf to do that in a variety of ways maybe we'd be ordering inspections for you there's a list below an item see if some of the things that we could do even before it's listed and you also have the responsibility to actually good faith to accomplish the sale if we're going to be working for you of course we want you to consider any offers that we procure wherever that might be and then down below here the broker is authorized to accept and hold on seller's behalf any deposits we don't typically hold them anymore the buyer is going to wire the money to the title company or they're going to give them a check and we do not hold them for them and then the agency relationships number nine is basically a recap of everything we covered at the beginning regarding agency relationships so there's really nothing new there moving on to page four at the top a tox about security and insurance and really what that says the broker is not responsible for loss or damage to personal or real property and I can say this there will never be a buyer at the property without a licensed agent with them whether it's myself or the buyer's agent however there's going to be people coming to open houses there's going to be appraisers inspectors at the property and we can't be responsible for what they do on item 11 is photographs and internet advertising this is just giving us authorization to take photos of the property and you also need to know that maybe an appraiser or an inspector will also take photos for their reports and they are allowed to do that and then moving on to a key save slash lockbox we use a lockbox and this just allows us to show the property via lockbox if you are not okay with that that's something we'll discuss when we actually lose the property but this is where you would opt out of that same goes with the sign in those cases we do want a for sale sign it gives you more exposure if that is not going to happen on this listing then we'll check the box here we cannot discriminate attorney fees this relates down to the content below and what this is saying here is that if there is a dispute at some point that we both agree brokerage and yourself to mediate and arbitrate before going to court and in most cases that saves lots of money and keeps it simple especially the smaller issue so you agree to go through those steps beforehand and it's important to read this this content and make sure that you are comfortable with everything here and then going down to item 20 all this says is the entire agreement really this supersedes any conversations we might have had beforehand this is the contractual agreement sound paper everybody's going to sign it if you were not finding for yourself if you have maybe a power of attorney given to someone you would check this box which allows that everybody signs down here including us and then we move on to the sellers advisory the remainder of this agreement the last two pages is just the seller advisory a lot of this were going to cover as we go through disclosures with with you it does break down all the different disclosures you'll have to share with the buyer which we will put on paper and that covers pretty much all page one including general disclosure duties statutory duties death or other disclosure if there's a death on the property whether or not the condo and then moving on page 2 explains withholding taxes again discrimination whether or not there was lead-based paint on the property all those things will come up in your disclosures and then below number 4 in the marketing considerations if you are concerned that maybe you haven't disclosed something that may be going on with the property the buyer absolutely has the right to get any inspections they want but if you want to double check and have your own inspection done you can do that prior prior to listing the property and then another protection under B here would be a lot of times buyers will ask for a home warranty to be paid by you and a lot of times that is a great deal because it's a little extra protection if something were to happen after close of escrow they will call the warranty company rather than yourself under items see at the bottom it talks about safety precautions and there's going to be open houses going on showings happening inspectors coming to the property this is really just to take general precautions including make sure you put away valuables put away any firearms anything you don't want to buyer to see just use common sense to be safe during the listing period and be sure to keep your insurance in place all the way through closing until it's done until it's a closed transaction anything can happen there can be a cancellation and you wouldn't be protected during that time so down at the bottom there's going to be the last signatures and that concludes the listing agreement and really this is just to give you an outline feel free to take your time and read through it and when we meet in person ask any questions you have about the details and we look forward to getting your property on the market