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Editable Texas Association of Realtors Residential Lease Form

Editable Texas Association of Realtors Residential Lease Form

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[Music] today we're going to talk more about the N forms that have been published by the Texas Realtors Don spoke about four forms in our last podcast and today I want to talk about the changes to the listing agreement there are three major changes to the listing agreement the first change that you will see is to paragraph 5 broker compensation there are two parts to paragraph 5 part a of paragraph 5 contemplates compensation sharing this is when all of the compensation is due to the listing agent and the listing agent shares a portion of that compensation with the other broker in paragraph 5 A1 the seller will fill in the total amount of commission the seller is willing to pay part two of 5A States the amount that the listing agent will pay to the other broker if the other broker procures a buyer that purchases the property so as an example you may put 6% in paragraph 5 A1 and then 3% in paragraph 5 A2 now a seller does not offer compensation to be shared with the buyer&#3

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